Central European Media Stock Hits New 52-Week Low (CETV)

NEW YORK ( TheStreet) -- Central European Media (Nasdaq: CETV) hit a new 52-week low Monday as it is currently trading at $6.19, below its previous 52-week low of $6.21 with 48,229 shares traded as of 9:50 a.m. ET. Average volume has been 511,900 shares over the past 30 days.

Central European Media has a market cap of $371.5 million and is part of the services sector and media industry. Shares are up 0.2% year to date as of the close of trading on Friday.

Central European Media Enterprises Ltd. (CME) operates as a vertically integrated media company operating broadcast, content, and new media businesses in central and eastern European countries.

TheStreet Ratings rates Central European Media as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Central European Media Ratings Report.

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