NEW YORK (

TheStreet

) --

NII Holdings

(Nasdaq:

NIHD

) hit a new 52-week low Tuesday as it is currently trading at $18.99, below its previous 52-week low of $19.18 with 132,551 shares traded as of 9:40 a.m. ET. Average volume has been three million shares over the past 30 days.

NII has a market cap of $3.41 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 9.1% year to date as of the close of trading on Monday.

NII Holdings, Inc., through its subsidiaries, provides wireless communication services under the Nextel brand name to businesses and individuals in Mexico, Brazil, Argentina, Peru, and Chile. The company has a P/E ratio of 11.2, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates NII as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and unimpressive growth in net income. You can view the full

NII Ratings Report

.

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