NEW YORK ( TheStreet) -- Panasonic (NYSE: PC) hit a new 52-week low Monday as it is currently trading at $9.21, below its previous 52-week low of $9.22 with 206,535 shares traded as of 2:40 p.m. ET. Average volume has been 330,900 shares over the past 30 days. Panasonic has a market cap of $22.8 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 32.4% year to date as of the close of trading on Friday. Panasonic Corporation develops, manufactures, and sells electronic products worldwide. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7.
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