Cooper Tire & Rubber Stock Hits New 52-Week Low (CTB)

NEW YORK ( TheStreet) -- Cooper Tire & Rubber Company (NYSE: CTB) hit a new 52-week low Wednesday as it is currently trading at $10.32, below its previous 52-week low of $10.36 with 1.1 million shares traded as of 3:55 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Cooper Tire & Rubber has a market cap of $674.9 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 54.5% year to date as of the close of trading on Tuesday.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires in North America and internationally. It operates in two segments, North American Tire Operations and International Tire Operations. The company has a P/E ratio of 6.1, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Cooper Tire & Rubber as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins. You can view the full Cooper Tire & Rubber Ratings Report.

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