NEW YORK ( TheStreet) -- Altra Holdings Incorporated (Nasdaq: AIMC) hit a new 52-week low Wednesday as it is currently trading at $11.92, below its previous 52-week low of $12 with 128,503 shares traded as of 3:35 p.m. ET. Average volume has been 274,700 shares over the past 30 days.

Altra has a market cap of $357.9 million and is part of the industrial goods sector and industrial industry. Shares are down 35.3% year to date as of the close of trading on Tuesday.

Altra Holdings, Inc., through its subsidiary, Altra Industrial Motion, Inc., designs, produces, and markets a range of mechanical power transmission and motion control products worldwide. The company has a P/E ratio of 11.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Altra as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Altra Ratings Report.

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