Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- AES (NYSE: AES) hit a new 52-week low Wednesday as it is currently trading at $10.52, below its previous 52-week low of $10.53 with three million shares traded as of 3:11 p.m. ET. Average volume has been 5.5 million shares over the past 30 days. AES has a market cap of $8.09 billion and is part of the utilities sector and utilities industry. Shares are down 8.7% year to date as of the close of trading on Tuesday. The AES Corporation, a power company, operates a portfolio of electricity generation and distribution businesses. Its Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries. The company has a P/E ratio of 18, below the average utilities industry P/E ratio of 60.1 and above the S&P 500 P/E ratio of 17.7.
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