NEW YORK (TheStreet) -- Monolithic Power Systems (Nasdaq:MPWR) hit a new 52-week low Tuesday as it is currently trading at $10.97, below its previous 52-week low of $11.01 with 30,410 shares traded as of 10:39 a.m. ET. Average volume has been 355,800 shares over the past 30 days. Monolithic Power Systems has a market cap of $382.9 million and is part of the technology sector and electronics industry. Shares are down 30.8% year to date as of the close of trading on Friday. Monolithic Power Systems, Inc. designs, develops, manufactures, and markets analog and mixed-signal semiconductors. The company has a P/E ratio of 19.1, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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