- Practice your DRYS trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- DryShips (Nasdaq: DRYS) hit a new 52-week low Monday as it is currently trading at $2.17, below its previous 52-week low of $2.19 with 5.7 million shares traded as of 12:19 p.m. ET. Average volume has been 9.8 million shares over the past 30 days. DryShips has a market cap of $1 billion and is part of the services sector and transportation industry. Shares are down 57.4% year to date as of the close of trading on Friday. DryShips, Inc., through its subsidiaries, engages in the ownership and operation of drybulk carriers and drilling rigs that operate worldwide. The company has a P/E ratio of 10.4, above the average transportation industry P/E ratio of 5.3 and below the S&P 500 P/E ratio of 17.7.