Insituform Technologies (Nasdaq:INSU) hit a new 52-week low Friday as it is currently trading at $11.49, below its previous 52-week low of $11.61 with 334,164 shares traded as of 10:20 a.m. ET. Average volume has been 479,300 shares over the past 30 days.

Shares of Insituform Technologies (Nasdaq:INSU) were gapping down Thursday morning with an open price 11.2% lower than Wednesday's closing price. The stock closed at $13.22 yesterday and opened today's trading at $11.74.

Cramer says it's too cheap to sell.

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Insituform Technologies (Nasdaq:INSU) has been downgraded by TheStreet Ratings from from a buy to hold.

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