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NEW YORK ( TheStreet) -- Altra Holdings Incorporated (Nasdaq: AIMC) hit a new 52-week low Monday as it is currently trading at $10.62, below its previous 52-week low of $10.64 with 92,884 shares traded as of 2:49 p.m. ET. Average volume has been 281,600 shares over the past 30 days. Altra has a market cap of $321.4 million and is part of the industrial goods sector and industrial industry. Shares are down 41.7% year to date as of the close of trading on Friday. Altra Holdings, Inc., through its subsidiary, Altra Industrial Motion, Inc., designs, produces, and markets a range of mechanical power transmission and motion control products worldwide. The company has a P/E ratio of 10.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.