NEW YORK ( TheStreet) -- Anadigics Incorporated (Nasdaq: ANAD) hit a new 52-week low Wednesday as it is currently trading at $2.92, below its previous 52-week high of $8.20 with 157,044 shares traded as of 9:56 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Anadigics has a market cap of $205 million and is part of the technology sector and electronics industry. Shares are down 57.6% year to date as of the close of trading on Tuesday. ANADIGICS, Inc. provides semiconductor solutions to the broadband wireless and wireline communications markets. Its products include radio frequency (RF) power amplifiers (PAs), tuner integrated circuits, active splitters, line amplifiers, and other components.
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