NEW YORK (

TheStreet

) --

Siemens

(NYSE:

SI

) hit a new 52-week low Thursday as it is currently trading at $82.80, below its previous 52-week low of $83 with 290,249 shares traded as of 9:35 a.m. ET. Average volume has been 771,700 shares over the past 30 days.

Siemens has a market cap of $75.47 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 12.7% year to date as of the close of trading on Wednesday.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the industry, energy, healthcare, and infrastructure and cities sectors worldwide. The company has a P/E ratio of 32.1, above the average telecommunications industry P/E ratio of 15.5 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Siemens as a

hold

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full

Siemens Ratings Report

.

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