NEW YORK ( TheStreet) -- Rofin-Sinar Technologies Incorporated (Nasdaq: RSTI) hit a new 52-week low Monday as it is currently trading at $18.25, below its previous 52-week low of $18.27 with 113,497 shares traded as of 12:59 p.m. ET. Average volume has been 179,700 shares over the past 30 days. Rofin-Sinar has a market cap of $534.4 million and is part of the technology sector and electronics industry. Shares are down 18.5% year to date as of the close of trading on Friday. Rofin-Sinar Technologies Inc., together with its subsidiaries, engages in the design, development, engineering, manufacturing, and marketing of laser-based products worldwide. The company offers laser macro products to machine tool and automotive markets for cutting and welding of metals. The company has a P/E ratio of 11.2, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Rofin-Sinar 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 disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Rofin-Sinar Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.