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NEW YORK ( TheStreet) -- Orbital Sciences Corporation (NYSE: ORB) hit a new 52-week low Monday as it is currently trading at $12.13, below its previous 52-week low of $12.19 with 224,451 shares traded as of 2:30 p.m. ET. Average volume has been 433,300 shares over the past 30 days. Orbital Sciences has a market cap of $761.7 million and is part of the industrial goods sector and aerospace/defense industry. Shares are down 25.3% year to date as of the close of trading on Friday. Orbital Sciences Corporation develops and manufactures small and medium-class rockets and space systems for commercial, military, and civil government customers. The company operates in three segments: Launch Vehicles, Satellites and Space Systems, and Advanced Space Programs. The company has a P/E ratio of 11.8, above the average aerospace/defense industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.