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NEW YORK ( TheStreet) -- Compuware Corporation (Nasdaq: CPWR) hit a new 52-week low Monday as it is currently trading at $7.42, below its previous 52-week low of $7.43 with 827,281 shares traded as of 1:09 p.m. ET. Average volume has been 2.4 million shares over the past 30 days. Compuware has a market cap of $1.8 billion and is part of the technology sector and computer software & services industry. Shares are down 34.4% year to date as of the close of trading on Friday. Compuware Corporation provides software and Web performance solutions, professional services, and application services in the United States, Europe, and Africa. The company's software products consist of Mainframe, Vantage, Changepoint, and Uniface product lines. The company has a P/E ratio of 16, above the average computer software & services industry P/E ratio of 15.7 and below the S&P 500 P/E ratio of 17.7.