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NEW YORK ( TheStreet) -- Fabrinet (NYSE: FN) hit a new 52-week low Tuesday as it is currently trading at $12.52, below its previous 52-week low of $12.69 with 669,351 shares traded as of 1:06 p.m. ET. Average volume has been 242,500 shares over the past 30 days. Fabrinet has a market cap of $550.4 million and is part of the consumer goods sector and consumer durables industry. Shares are down 26.6% year to date as of the close of trading on Monday. Fabrinet provides precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs) of complex products, such as optical communication components, modules and sub-systems, industrial lasers, and sensors. The company has a P/E ratio of 8.6, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.