NEW YORK ( TheStreet) -- Martin Marietta Materials (NYSE: MLM) hit a new 52-week low Tuesday as it is currently trading at $71.43, below its previous 52-week low of $71.50 with 245,908 shares traded as of 10:22 a.m. ET. Average volume has been 364,000 shares over the past 30 days.

Martin Marietta has a market cap of $3.4 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 19.3% year to date as of the close of trading on Monday.

Martin Marietta Materials, Inc. engages in the production and sale of aggregates for the construction industry in the United States, Canada, the Bahamas, and the Caribbean Islands. The company has a P/E ratio of 33.6, below the average materials & construction industry P/E ratio of 33.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Martin Marietta as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and poor profit margins. You can view the full Martin Marietta Ratings Report.

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