Pandora Media (NYSE:P) Stock Gets investors Affection on New Multimedia Ranking System – P, GOOG, SIRI, CBS

Pandora Media Inc’s (NYSE:P) stock were high around 7% Thursday on news the corporation’s offerings ranked strongly in a new multimedia audience measurement system disclosed by comScore Media Metrix.

The personalized music service company reported that the new system offers an unduplicated look at audience size and demographics across websites, mobile apps and online video content accessed from multiple gadgets.

Pandora in September ranked No. 23 in Internet audience across all platforms, with a total of 59.9 million unique visitors.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Google Inc (NASDAQ:GOOG) rose +1.20% to settle at $691.89, Sirius XM Radio Inc (NASDAQ:SIRI) moved up +1.48% to end at $2.74 while CBS Corporation (NYSE:CBS) jumped +0.54% to finish at $35.50 on Thursday.

Pandora Media Inc (NYSE:P) on Nov 29, 2012 increased +7.46% to the closing price of $8.79. The overall volume in the last trading session was 7.49 million shares. Its fifty two weeks range was $7.08 – $15.25. The total market capitalization remained at $1.48 billion.

PANDORA MEDIA INC is ahead of its 52-week low with 24.15% and lagging behind from its 52-week high price with -42.36%. PANDORA MEDIA INC’s last month’s stock price volatility remained 5.68%. In its share capital PANDORA MEDIA INC has 168.88 million outstanding shares, among them 161.60 million shares have been floated in market exchange. PANDORA MEDIA INC’s stock’s institutional ownership remained 65.70% while insider ownership included 2.95%.

The stock price of PANDORA MEDIA INC is moving forward from its 20 days moving average with 10.68% and remote negatively from 50 days moving average with -3.60%. PANDORA MEDIA INC’s current year’s earnings per share experienced a downfall of -173.55% while its current quarter performance remained at -13.65%.

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