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NEW YORK ( TheStreet) -- GrafTech International (NYSE: GTI) hit a new 52-week low Thursday as it is currently trading at $12.53, below its previous 52-week low of $12.63 with 1.3 million shares traded as of 1:35 p.m. ET. Average volume has been 1.7 million shares over the past 30 days. GrafTech International has a market cap of $2.2 billion and is part of the industrial goods sector and industrial industry. Shares are down 29.9% year to date as of the close of trading on Wednesday. GrafTech International Ltd. manufactures and sells synthetic and natural graphite and carbon based products. The company operates in two segments, Industrial Materials and Engineered Solutions. The company has a P/E ratio of 13.2, above the average industrial industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7.