Pandora Media Stock Hits New 52-Week Low (P)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Pandora Media (NYSE: P) hit a new 52-week low Wednesday as it is currently trading at $7.25, below its previous 52-week low of $7.32 with 1.1 million shares traded as of 11:06 a.m. ET. Average volume has been 5.6 million shares over the past 30 days.

Pandora Media has a market cap of $1.32 billion and is part of the services sector and media industry. Shares are down 21.7% year to date as of the close of trading on Tuesday.

Pandora Media, Inc. provides an Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access unlimited hours of free music and comedy, as well as offers a paid subscription service to listeners. The company has a P/E ratio of -87.1, below the S&P 500 P/E ratio of 17.7.

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

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