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NEW YORK ( TheStreet) -- JA Solar Holdings Company Limited American (Nasdaq: JASO) hit a new 52-week low Thursday as it is currently trading at $1.97, below its previous 52-week low of $2 with 1.9 million shares traded as of 11:10 a.m. ET. Average volume has been 5.3 million shares over the past 30 days. JA Solar Holdings Company Limited American has a market cap of $360.3 million and is part of the technology sector and electronics industry. Shares are down 69.4% year to date as of the close of trading on Wednesday. JA Solar Holdings Co., Ltd., through its subsidiaries, engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People's Republic of China. The company has a P/E ratio of 1.2, below the average electronics industry P/E ratio of 1.3 and below the S&P 500 P/E ratio of 17.7.