STMicroelectronics NV ADR Stock Hits New 52-Week Low (STM)

NEW YORK ( TheStreet) -- STMicroelectronics NV ADR (NYSE: STM) hit a new 52-week low Thursday as it is currently trading at $4.80, below its previous 52-week low of $4.91 with 37,016 shares traded as of 9:30 a.m. ET. Average volume has been 2.5 million shares over the past 30 days. STMicroelectronics NV ADR has a market cap of $4.38 billion and is part of the technology sector and electronics industry. Shares are down 17.2% year to date as of the close of trading on Wednesday. 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 6.9, below the average electronics industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates STMicroelectronics NV ADR as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full STMicroelectronics NV ADR Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.