NEW YORK ( TheStreet) -- EnerNOC (Nasdaq: ENOC) hit a new 52-week low Friday as it traded at $22.38 compared with its previous 52-Week low of $22.64. EnerNOC is changing hands at $22.38 with 258,530 shares traded as of 10:51 a.m. ET. Average volume has been 308,900 shares over the past 30 days. EnerNOC has a market cap of $593.6 million and is part of the services sector and diversified services industry. Shares are down 0% year to date as of the close of trading on Thursday. EnerNOC, Inc. engages in the development, implementation, and adoption of demand response and energy management solutions for the electric power grid operators and utilities, as well as commercial, institutional, and industrial end-users of electricity in the United States. The company has a P/E ratio of 49.6, below the average diversified services industry P/E ratio of 56.7 and above the S&P 500 P/E ratio of 23.5. TheStreet Ratings rates EnerNOC as 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 impressive record of earnings per share growth. 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 EnerNOC Ratings Report.