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NEW YORK ( TheStreet) -- Ternium (NYSE: TX) hit a new 52-week low Tuesday as it is currently trading at $19.12, below its previous 52-week low of $19.20 with 117,796 shares traded as of 10:51 a.m. ET. Average volume has been 650,600 shares over the past 30 days. Ternium has a market cap of $4.1 billion and is part of the basic materials sector and metals & mining industry. Shares are down 54.1% 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 8.3, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.