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NEW YORK ( TheStreet) -- Harman International Industries (NYSE: HAR) hit a new 52-week low Monday as it is currently trading at $27.56, below its previous 52-week low of $27.61 with 887,348 shares traded as of 1:10 p.m. ET. Average volume has been one million shares over the past 30 days. Harman International has a market cap of $2.1 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 38.3% year to date as of the close of trading on Friday. Harman International Industries, Incorporated engages in the development, manufacture, and marketing of audio products and electronic systems primarily in the United States, Germany, and other parts of Europe. The company has a P/E ratio of 16.1, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.