Digital River Stock Falls On Unusually High Volume (DRIV)

NEW YORK ( TheStreet) -- Digital River (Nasdaq: DRIV) is trading at unusually high volume Friday with 1.7 million shares changing hands. It is currently at four times its average daily volume and trading down $1.62 (-8.7%) at $16.95 as of 3:05 p.m. ET.

Digital River has a market cap of $682.8 million and is part of the technology sector and internet industry. Shares are up 23.2% year to date as of the close of trading on Thursday.

Digital River, Inc. provides end-to-end global cloud-commerce and marketing solutions. The company offers a range of services that enables its customers to establish an online sales channel. The company has a P/E ratio of 40.2, equal to the average internet industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Digital River as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. You can view the full Digital River Ratings Report.

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