NEW YORK ( TheStreet) -- Hanwha SolarOne (Nasdaq: HSOL) hit a new 52-week low Monday as it is currently trading at $2.17, below its previous 52-week low of $2.28 with 133,263 shares traded as of 9:41 a.m. ET. Average volume has been 917,100 shares over the past 30 days. Hanwha SolarOne has a market cap of $260.1 million and is part of the technology sector and electronics industry. Shares are down 70.5% year to date as of the close of trading on Friday. Hanwha Solarone Co., Ltd., an investment holding company, engages in the manufacture and sale of silicon ingots, silicon wafers, and PV cells and modules. The company also offers mono crystalline and multi crystalline silicon cells; and provides PV module processing services. The company has a P/E ratio of 1.5, below the average electronics industry P/E ratio of 2.7 and below the S&P 500 P/E ratio of 17.7.
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