NEW YORK ( TheStreet) -- Eaton Vance Corporation (NYSE: EV) hit a new 52-week low Monday as it is currently trading at $20.95, below its previous 52-week low of $20.96 with 1.3 million shares traded as of 2:51 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Eaton Vance has a market cap of $2.7 billion and is part of the financial sector and financial services industry. Shares are down 26.4% year to date as of the close of trading on Friday.

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. The company has a P/E ratio of 13.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Eaton Vance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Eaton Vance Ratings Report.

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