NEW YORK ( TheStreet) -- Digital River (Nasdaq: DRIV) hit a new 52-week low Wednesday as it is currently trading at $14.40, below its previous 52-week low of $14.68 with 151,619 shares traded as of 11:25 a.m. ET. Average volume has been 708,900 shares over the past 30 days. Digital River has a market cap of $560.4 million and is part of the technology sector and internet industry. Shares are down 55.6% year to date as of the close of trading on Tuesday. Digital River, Inc., together with its subsidiaries, provides outsourced e-commerce solutions worldwide. The company offers a range of services, which enable its clients to establish an online sales channel capability and to manage online sales. The company has a P/E ratio of 31.3, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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