YuMe, Inc. (NYSE:YUME) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c+” rating in a research note issued to investors on Friday.

Separately, ValuEngine downgraded shares of YuMe from a “hold” rating to a “sell” rating in a report on Friday, September 15th.

YuMe (NYSE:YUME) traded down 0.7069% during trading on Friday, hitting $4.2001. The stock had a trading volume of 117,541 shares. The stock has a market cap of $145.06 million, a price-to-earnings ratio of 36.5226 and a beta of 0.58. The firm has a 50 day moving average of $4.56 and a 200-day moving average of $4.55. YuMe has a 12 month low of $3.11 and a 12 month high of $6.06.

YuMe (NYSE:YUME) last released its earnings results on Tuesday, August 8th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.09. YuMe had a net margin of 2.46% and a return on equity of 4.36%. The firm had revenue of $42.82 million during the quarter. Equities analysts predict that YuMe will post $0.25 earnings per share for the current year.

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A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in YuMe by 4.1% during the second quarter. Vanguard Group Inc. now owns 706,139 shares of the business services provider’s stock valued at $3,319,000 after buying an additional 27,556 shares in the last quarter. Renaissance Technologies LLC lifted its position in YuMe by 12.9% during the first quarter. Renaissance Technologies LLC now owns 519,877 shares of the business services provider’s stock valued at $2,126,000 after buying an additional 59,350 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in YuMe by 32.0% during the second quarter. Dimensional Fund Advisors LP now owns 358,254 shares of the business services provider’s stock valued at $1,684,000 after buying an additional 86,830 shares in the last quarter. Acadian Asset Management LLC lifted its position in YuMe by 31.7% during the second quarter. Acadian Asset Management LLC now owns 324,428 shares of the business services provider’s stock valued at $1,524,000 after buying an additional 78,146 shares in the last quarter. Finally, Nationwide Fund Advisors acquired a new position in YuMe during the third quarter valued at approximately $575,000. 39.28% of the stock is currently owned by hedge funds and other institutional investors.

YuMe Company Profile

YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.

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