NEW YORK ( TheStreet) -- Ternium (NYSE: TX) hit a new 52-week low Tuesday as it is currently trading at $19.61, below its previous 52-week low of $19.73 with 19,255 shares traded as of 9:40 a.m. ET. Average volume has been 560,000 shares over the past 30 days. Ternium has a market cap of $4.2 billion and is part of the basic materials sector and metals & mining industry. Shares are down 53.1% year to date as of the close of trading on Monday. Ternium S.A. engages in manufacturing and processing a range of flat and long steel products for construction, home appliances, capital goods, container, food, energy, and automotive industries. The company has a P/E ratio of 7.1, above the average metals & mining industry P/E ratio of 6.5 and below the S&P 500 P/E ratio of 17.7.
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