NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $8.13, below its previous 52-week low of $8.17 with 106,861 shares traded as of 12:54 p.m. ET. Average volume has been 310,100 shares over the past 30 days.
Panasonic has a market cap of $19.21 billion and is part of the
industry. Shares are down 41.8% year to date as of the close of trading on Tuesday.
Panasonic Corporation develops, manufactures, and sells electronic products worldwide. The company has a P/E ratio of 10, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Panasonic as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally weak debt management. You can view the full
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