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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