NEW YORK ( TheStreet) -- PACCAR Inc (Nasdaq: PCAR) hit a new 52-week low Monday as it is currently trading at $32.98, below its previous 52-week low of $33 with 1.6 million shares traded as of 1:10 p.m. ET. Average volume has been 4.3 million shares over the past 30 days. PACCAR has a market cap of $13 billion and is part of the consumer goods sector and automotive industry. Shares are down 41% year to date as of the close of trading on Friday. PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts primarily in the United States and Europe. It markets its heavy-duty diesel trucks under the Kenworth, Peterbilt, and DAF nameplates. The company has a P/E ratio of 18.1, equal to the average automotive industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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