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NEW YORK ( TheStreet) -- MasTec (NYSE: MTZ) hit a new 52-week low Tuesday as it is currently trading at $13.78, below its previous 52-week low of $13.79 with 701,288 shares traded as of 11:35 a.m. ET. Average volume has been 796,500 shares over the past 30 days. MasTec has a market cap of $1.19 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 18.2% year to date as of the close of trading on Monday. MasTec, Inc., an infrastructure construction company, engages in engineering, building, installing, maintaining, and upgrading energy, communication, and utility infrastructure in North America. The company has a P/E ratio of 13, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.