NEW YORK ( TheStreet) -- Yongye International (Nasdaq: YONG) hit a new 52-week low Friday as it traded at $5.09 compared with its previous 52-week low of $5.30. Yongye International is changing hands at $5.21 with 261,884 shares traded as of 9:37 a.m. ET. Average volume has been 833,700 shares over the past 30 days. Yongye International has a market cap of $280.9 million and is part of the basic materials sector and chemicals industry. Shares are down 34.9% year to date as of the close of trading on Thursday. Yongye International, Inc., together with its subsidiaries, engages in the research and development, manufacturing, and distribution of fulvic acid based liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry in the People's Republic of China. The company has a P/E ratio of 5.4, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 16.8.
- Practice your YONG trading strategies and win cash in our stock game.