NEW YORK ( TheStreet) -- OM Group (NYSE: OMG) hit a new 52-week low Friday as it is currently trading at $20.25, below its previous 52-week low of $20.95 with 113,974 shares traded as of 12:55 p.m. ET. Average volume has been 319,900 shares over the past 30 days. OM Group has a market cap of $715.6 million and is part of the basic materials sector and chemicals industry. Shares are down 45.5% year to date as of the close of trading on Wednesday. OM Group, Inc. develops, produces, and markets specialty chemicals, advanced materials, and electrochemical energy storage products worldwide. The company operates in three segments: Advanced Materials, Specialty Chemicals, and Battery Technologies. The company has a P/E ratio of 59.9, above the average chemicals industry P/E ratio of 54 and above the S&P 500 P/E ratio of 17.7.
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