- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- Volcano Corporation (Nasdaq: VOLC) hit a new 52-week low Monday as it is currently trading at $21.62, below its previous 52-week low of $21.74 with 25,713 shares traded as of 10:10 a.m. ET. Average volume has been 697,400 shares over the past 30 days. Volcano has a market cap of $1.15 billion and is part of the health care sector and health services industry. Shares are down 19.3% year to date as of the close of trading on Friday. Volcano Corporation designs, develops, manufactures, and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products used in the diagnosis and treatment of vascular and structural heart disease. The company has a P/E ratio of 167.9, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.