KIT Digital Stock Hits New 52-Week Low (KITD)

NEW YORK ( TheStreet) -- KIT Digital (Nasdaq: KITD) hit a new 52-week low Friday as it is currently trading at $3.15, below its previous 52-week low of $3.22 with 39,262 shares traded as of 9:30 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

KIT Digital has a market cap of $171.6 million and is part of the services sector and media industry. Shares are up 45% year to date as of the close of trading on Thursday.

KIT digital, Inc., through its subsidiaries, provides end-to-end video asset management software and related services to enterprise clients.

TheStreet Ratings rates KIT Digital as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full KIT Digital Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.
null