NEW YORK ( TheStreet) -- LTX-Credence Corporation (Nasdaq: LTXC) hit a new 52-week low Monday as it is currently trading at $5.18, below its previous 52-week low of $5.20 with 45,333 shares traded as of 10 a.m. ET. Average volume has been 637,000 shares over the past 30 days. LTX-Credence has a market cap of $268.9 million and is part of the technology sector and electronics industry. Shares are down 28.5% year to date as of the close of trading on Friday. LTX-Credence Corporation engages in the design, manufacture, marketing, and servicing of automated test equipment solutions for the wireless, computing, automotive, and digital consumer markets. The company has a P/E ratio of 4.8, above the average electronics industry P/E ratio of 4.3 and below the S&P 500 P/E ratio of 17.7.
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