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) -- Hewlett-Packard (NYSE: HPQ) hit a new 52-week low Friday as it is currently trading at $13.66, below its previous 52-week low of $13.68 with 3.6 million shares traded as of 10:06 a.m. ET. Average volume has been 26.8 million shares over the past 30 days. Hewlett-Packard has a market cap of $26.92 billion and is part of the technology sector and computer hardware industry. Shares are down 46.4% year to date as of the close of trading on Thursday. Hewlett-Packard Company and its subsidiaries provide products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. The company has a P/E ratio of -4.9, below the S&P 500 P/E ratio of 17.7.
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