NEW YORK (

TheStreet

) --

Windstream

(Nasdaq:

WIN

) hit a new 52-week low Wednesday as it is currently trading at $9.30, below its previous 52-week low of $9.31 with 2.4 million shares traded as of 11:50 a.m. ET. Average volume has been 7.5 million shares over the past 30 days.

Windstream has a market cap of $5.58 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 19.9% year to date as of the close of trading on Tuesday.

Windstream Corporation provides communications and technology solutions in the United States. The company offers business services, as well as provides broadband, voice, and video services to consumers primarily in rural markets. The company has a P/E ratio of 25, above the average telecommunications industry P/E ratio of 24.3 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Windstream as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself. You can view the full

Windstream Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null