NEW YORK (

TheStreet

) --

Meritor Inc

(NYSE:

MTOR

) hit a new 52-week low Thursday as it is currently trading at $6.43, below its previous 52-week low of $6.45 with 1.2 million shares traded as of 1:56 p.m. ET. Average volume has been 2.2 million shares over the past 30 days.

Meritor has a market cap of $740.5 million and is part of the

consumer goods

sector and

automotive

industry. Shares are down 65.5% year to date as of the close of trading on Wednesday.

Meritor, Inc. provides drivetrain mobility and braking solutions for original equipment (OE) manufacturers of trucks, trailers, and specialty vehicles. It operates in three segments: Commercial Truck, Industrial, and Aftermarket & Trailer. The company has a P/E ratio of 46.1, above the average automotive industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Meritor as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full

Meritor Ratings Report

.

See all

52-week low stocks

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.

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