NEW YORK (

TheStreet

) --

Perfect World

(Nasdaq:

PWRD

) hit a new 52-week low Wednesday as it is currently trading at $9.36, below its previous 52-week low of $9.49 with 786,704 shares traded as of 10:10 a.m. ET. Average volume has been 835,300 shares over the past 30 days.

Perfect World has a market cap of $565.4 million and is part of the

technology

sector and

computer software & services

industry. Shares are down 58.9% year to date as of the close of trading on Tuesday.

Perfect World Co., Ltd., through its subsidiaries, operates as an online game developer and operator in China, the United States, Japan, and southeast Asia. The company develops online games based on its proprietary game engines and development platforms. The company has a P/E ratio of 4.7, below the average computer software & services industry P/E ratio of five and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Perfect World as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full

Perfect World Ratings Report

.

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