- Practice your NUE trading strategies and win cash in our stock game.
NEW YORK ( TheStreet) -- Nucor Corp (NYSE: NUE) hit a new 52-week low Tuesday as it is currently trading at $29.84, below its previous 52-week low of $30.72 with 550,833 shares traded as of 10:06 a.m. ET. Average volume has been four million shares over the past 30 days. Nucor has a market cap of $10 billion and is part of the basic materials sector and metals & mining industry. Shares are down 29.5% year to date as of the close of trading on Monday. Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The company has a P/E ratio of 21.4, below the average metals & mining industry P/E ratio of 21.5 and above the S&P 500 P/E ratio of 17.7.