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NEW YORK ( TheStreet) -- STR Holdings (NYSE: STRI) hit a new 52-week low Wednesday as it is currently trading at $7.14, below its previous 52-week low of $7.16 with 256,275 shares traded as of 3:55 p.m. ET. Average volume has been 304,900 shares over the past 30 days. STR has a market cap of $420.2 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 8% year to date as of the close of trading on Tuesday. STR Holdings, Inc., through its subsidiaries, engages in the manufacture and sale of encapsulants to the solar module industry. The encapsulants are used in the production of solar modules. The company operates in two segments, Solar and Quality Assurance (QA). The company has a P/E ratio of 8.4, above the average consumer non-durables industry P/E ratio of 5.3 and below the S&P 500 P/E ratio of 17.7.