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NEW YORK ( TheStreet) -- WuXi PharmaTech (Cayman (NYSE: WX) hit a new 52-week low Friday as it is currently trading at $11.01, below its previous 52-week low of $11.03 with 106,405 shares traded as of 1:46 p.m. ET. Average volume has been 453,500 shares over the past 30 days. WuXi PharmaTech (Cayman has a market cap of $822.2 million and is part of the health care sector and drugs industry. Shares are down 29.7% year to date as of the close of trading on Thursday. Wuxi PharmaTech (Cayman) Inc., through its subsidiaries, operates as a pharmaceutical, biotechnology, and medical device research and development outsourcing company primarily in the People's Republic of China and the United States. The company has a P/E ratio of 8.9, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.