NEW YORK ( TheStreet) -- Anadigics Incorporated (Nasdaq: ANAD) hit a new 52-week low Thursday as it is currently trading at $2.79, below its previous 52-week low of $2.82 with 1.2 million shares traded as of 3:51 p.m. ET. Average volume has been 831,100 shares over the past 30 days.

Anadigics has a market cap of $201 million and is part of the technology sector and electronics industry. Shares are down 55.7% year to date as of the close of trading on Wednesday.

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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TheStreet Ratings rates Anadigics as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Anadigics Ratings Report.

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