NEW YORK ( TheStreet) -- Synchronoss Technologies (Nasdaq: SNCR) hit a new 52-week low Thursday as it is currently trading at $16.97, below its previous 52-week low of $17.04 with 15,772 shares traded as of 9:44 a.m. ET. Average volume has been 486,100 shares over the past 30 days. Synchronoss has a market cap of $683.9 million and is part of the technology sector and computer software & services industry. Shares are down 41.5% year to date as of the close of trading on Wednesday. Synchronoss Technologies, Inc. provides on-demand transaction management solutions primarily in North America. The company has a P/E ratio of 32.4, below the average computer software & services industry P/E ratio of 35 and above the S&P 500 P/E ratio of 17.7.
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