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NEW YORK ( TheStreet) -- DR Horton Inc (NYSE: DHI) hit a new 52-week low Monday as it is currently trading at $8.80, below its previous 52-week low of $8.82 with 3.2 million shares traded as of 12:25 p.m. ET. Average volume has been 6.9 million shares over the past 30 days. DR Horton has a market cap of $3 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 24.2% year to date as of the close of trading on Friday. D.R. Horton, Inc. operates as a homebuilding company in the United States. The company has a P/E ratio of 94.4, above the average materials & construction industry P/E ratio of 85.8 and above the S&P 500 P/E ratio of 17.7.