NEW YORK ( TheStreet) -- Oclaro (Nasdaq: OCLR) hit a new 52-week low Tuesday as it is currently trading at $3.12, below its previous 52-week low of $3.23 with 75,010 shares traded as of 9:36 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Oclaro has a market cap of $183.4 million and is part of the technology sector and electronics industry. Shares are down 72.3% year to date as of the close of trading on Monday. Oclaro, Inc. offers optical network components, modules, and subsystems to telecommunications equipment manufacturers. The company designs, manufactures, and markets products that generate, detect, amplify, combine, and separate light signals in telecommunications networks.
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