NEW YORK ( TheStreet) -- STMicroelectronics NV ADR (NYSE: STM) hit a new 52-week low Tuesday as it is currently trading at $5.33, below its previous 52-week low of $5.33 with 353,239 shares traded as of 9:55 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. STMicroelectronics NV ADR has a market cap of $4.84 billion and is part of the technology sector and electronics industry. Shares are down 6.2% year to date as of the close of trading on Monday. STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. The company has a P/E ratio of 7.6, below the average electronics industry P/E ratio of 16.6 and below the S&P 500 P/E ratio of 17.7.
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