- Practice your AMAT trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- Applied Materials (Nasdaq: AMAT) hit a new 52-week low Tuesday as it is currently trading at $9.71, below its previous 52-week low of $9.85 with 178,145 shares traded as of 9:30 a.m. ET. Average volume has been 18.8 million shares over the past 30 days. Applied has a market cap of $13.6 billion and is part of the technology sector and electronics industry. Shares are down 29.9% year to date as of the close of trading on Monday. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company has a P/E ratio of 7.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.