NEW YORK (

TheStreet

) --

PerkinElmer Inc

(NYSE:

PKI

) hit a new 52-week low Friday as it is currently trading at $17.47, below its previous 52-week low of $17.48 with 205,477 shares traded as of 12:59 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

PerkinElmer has a market cap of $2.03 billion and is part of the

health care

sector and

health services

industry. Shares are down 32% year to date as of the close of trading on Wednesday.

PerkinElmer, Inc. provides technology, services, and solutions to the diagnostics, research, environmental and safety, and industrial and laboratory services markets worldwide. The company has a P/E ratio of 16.4, above the average health services industry P/E ratio of 5.6 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates PerkinElmer as a

hold

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full

PerkinElmer Ratings Report

.

See all

52-week low stocks

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