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NEW YORK ( TheStreet) -- Quanex Building Products (NYSE: NX) hit a new 52-week low Thursday as it is currently trading at $10.24, below its previous 52-week low of $10.32 with 38,677 shares traded as of 10:05 a.m. ET. Average volume has been 413,100 shares over the past 30 days. Quanex Building has a market cap of $400 million and is part of the industrial goods sector and materials & construction industry. Shares are down 44.4% year to date as of the close of trading on Wednesday. Quanex Building Products Corporation provides engineered products and aluminum sheet products. Its Engineered Products segment produces window and door components for original equipment manufacturers that primarily serve the residential construction and remodeling markets. The company has a P/E ratio of 35.7, below the average materials & construction industry P/E ratio of 37 and above the S&P 500 P/E ratio of 17.7.