QuinStreet Stock Hits New 52-Week Low (QNST)

NEW YORK ( TheStreet) -- QuinStreet (Nasdaq: QNST) hit a new 52-week low Friday as it is currently trading at $8.37, below its previous 52-week low of $8.43 with 26,422 shares traded as of 10:05 a.m. ET. Average volume has been 369,800 shares over the past 30 days.

QuinStreet has a market cap of $417.7 million and is part of the services sector and media industry. Shares are down 8% year to date as of the close of trading on Thursday.

QuinStreet, Inc. operates as a vertical marketing and media online company in the United States and internationally. It provides direct marketing services, including the delivery of leads or paid clicks; and hosted solution and related services for clients in the direct selling industry. The company has a P/E ratio of 21, above the average media industry P/E ratio of 20.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates QuinStreet as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full QuinStreet Ratings Report.

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