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NEW YORK ( TheStreet) -- First Solar (Nasdaq: FSLR) hit a new 52-week low Tuesday as it is currently trading at $55.10, below its previous 52-week low of $55.68 with 4.4 million shares traded as of 2:56 p.m. ET. Average volume has been 2.5 million shares over the past 30 days. First Solar has a market cap of $5.2 billion and is part of the technology sector and electronics industry. First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company's solar modules employ a thin layer of semiconductor material to convert sunlight into electricity.