NEW YORK ( TheStreet) -- Atlantic Tele-Network (Nasdaq: ATNI) hit a new 52-week low Monday as it traded at $31 compared with its previous 52-Week low of $31.38. Atlantic Tele-Network is changing hands at $31.15 with 41,363 shares traded as of 11:31 a.m. ET. Average volume has been 95,000 shares over the past 30 days. Atlantic Tele-Network has a market cap of $507.2 million and is part of the technology sector and telecommunications industry. Shares are down 14.9% year to date as of the close of trading on Friday. Atlantic Tele-Network, Inc. provides telecommunications services to rural, niche, and other under-served markets and geographies in the United States, Bermuda, and the Caribbean. The company has a P/E ratio of 13.3, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 21.9. TheStreet Ratings rates Atlantic Tele-Network 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 reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full Atlantic Tele-Network Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.