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.
TheStreet Ratings rates Progressive Waste as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, feeble growth in its earnings per share, deteriorating net income and generally disappointing historical performance in the stock itself. You can view the full Progressive Waste Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.