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NEW YORK ( TheStreet) -- GrafTech International (NYSE: GTI) hit a new 52-week low Friday as it is currently trading at $10.37, below its previous 52-week low of $10.39 with 83,866 shares traded as of 9:40 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. GrafTech International has a market cap of $1.6 billion and is part of the industrial goods sector and industrial industry. Shares are down 21.8% year to date as of the close of trading on Thursday. GrafTech International Ltd. engages in the manufacture and sale of synthetic and natural graphite and carbon based products worldwide. It operates in two segments, Industrial Materials and Engineered Solutions. The company has a P/E ratio of 9.9, below the average industrial industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 17.7.