NEW YORK (

TheStreet

) --

Honda Motor

(NYSE:

HMC

) hit a new 52-week low Wednesday as it is currently trading at $30.49, below its previous 52-week low of $30.53 with 239,997 shares traded as of 10:57 a.m. ET. Average volume has been 719,500 shares over the past 30 days.

Honda has a market cap of $55.3 billion and is part of the

consumer goods

sector and

TheStreet Recommends

automotive

industry. Shares are down 21.2% year to date as of the close of trading on Tuesday.

Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products primarily in North America, Europe, and Asia. The company has a P/E ratio of 8.6, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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