NEW YORK ( TheStreet) -- Monolithic Power Systems (Nasdaq: MPWR) hit a new 52-week low Friday as it is currently trading at $10.24, below its previous 52-week low of $10.27 with 81,633 shares traded as of 3:35 p.m. ET. Average volume has been 359,100 shares over the past 30 days. Monolithic Power Systems has a market cap of $349.4 million and is part of the technology sector and electronics industry. Shares are down 36% year to date as of the close of trading on Thursday. Monolithic Power Systems, Inc. designs, develops, manufactures, and markets analog and mixed-signal semiconductors. The company has a P/E ratio of 17.4, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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