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NEW YORK ( TheStreet) -- Honda Motor (NYSE: HMC) hit a new 52-week low Monday as it is currently trading at $28.88, below its previous 52-week low of $28.90 with 267,893 shares traded as of 2:35 p.m. ET. Average volume has been 774,400 shares over the past 30 days. Honda has a market cap of $54.6 billion and is part of the consumer goods sector and automotive industry. Shares are down 26.2% year to date as of the close of trading on Friday. Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products primarily in North America, Europe, and Asia. The company has a P/E ratio of 8.5, below the average automotive industry P/E ratio of 15.9 and below the S&P 500 P/E ratio of 17.7.