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NEW YORK ( TheStreet) -- MEMC Electronic Materials (NYSE: WFR) hit a new 52-week low Monday as it is currently trading at $3.30, below its previous 52-week low of $3.31 with 456,311 shares traded as of 9:45 a.m. ET. Average volume has been seven million shares over the past 30 days. MEMC Electronic has a market cap of $803.2 million and is part of the technology sector and electronics industry. Shares are down 15% year to date as of the close of trading on Friday. MEMC Electronic Materials, Inc. engages in the development, manufacture, and sale of silicon wafers for the semiconductor industry worldwide. The company operates in two segments, Semiconductor Materials and Solar Energy.