NEW YORK (

TheStreet

) --

A123 Systems

(Nasdaq:

AONE

) hit a new 52-week low Wednesday as it is currently trading at $2.11, below its previous 52-week low of $2.13 with 425,164 shares traded as of 11:06 a.m. ET. Average volume has been 2.3 million shares over the past 30 days.

A123 Systems has a market cap of $283.7 million and is part of the

industrial goods

sector and

industrial

industry. Shares are down 76.4% year to date as of the close of trading on Tuesday.

A123 Systems, Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and battery systems worldwide.

    Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates A123 Systems as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. You can view the full

A123 Systems Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null