NEW YORK (

TheStreet

) --

Fuel Systems Solutions

(Nasdaq:

FSYS

) hit a new 52-week low Wednesday as it is currently trading at $15.01, below its previous 52-week low of $15.04 with 14,558 shares traded as of 9:43 a.m. ET. Average volume has been 469,300 shares over the past 30 days.

Fuel Systems has a market cap of $302.2 million and is part of the

consumer goods

sector and

automotive

industry. Shares are down 8.4% year to date as of the close of trading on Tuesday.

Fuel Systems Solutions, Inc. engages in the design, manufacture, and supply of alternative fuel components and systems for use in the transportation, industrial, and power generation markets worldwide. The company has a P/E ratio of 83.9, equal to the average automotive industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Fuel Systems as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full

Fuel Systems Ratings Report

.

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