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NEW YORK ( TheStreet) -- Energy Conversion Devices (Nasdaq: ENER) hit a new 52-week low Tuesday as it is currently trading at $1.85, below its previous 52-week high of $7.34 with 462,497 shares traded as of 12:46 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. Energy Conversion Devices has a market cap of $106.5 million and is part of the technology sector and electronics industry. Shares are down 57.8% year to date as of the close of trading on Monday. Energy Conversion Devices, Inc. engages in the design, manufacture, and sale of photovoltaic (PV) products. The company operates in two segments, United Solar Ovonic and Ovonic Materials.