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NEW YORK ( TheStreet) -- Progressive Waste Solutions (NYSE: BIN) hit a new 52-week low Tuesday as it is currently trading at $18.31, below its previous 52-week low of $18.35 with 75,565 shares traded as of 10:18 a.m. ET. Average volume has been 205,700 shares over the past 30 days. Progressive Waste has a market cap of $2.22 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 5.4% year to date as of the close of trading on Monday. Progressive Waste Solutions Ltd. operates as a vertically integrated waste management company in North America. The company provides non-hazardous solid waste collection, recycling, and disposal services to commercial, industrial, municipal, and residential customers in 12 U.S. The company has a P/E ratio of 17, below the S&P 500 P/E ratio of 17.7.