NEW YORK (TheStreet) -- Giant Interactive Group (NYSE:GA) hit a new 52-week low Tuesday as it is currently trading at $4.57, below its previous 52-week low of $4.60 with 651,680 shares traded as of 11:25 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.
Giant Interactive Group has a market cap of $1.8 billion and is part of the services sector and diversified services industry. Shares are down 35.3% year to date as of the close of trading on Monday.
Giant Interactive Group, Inc. develops and operates online games in the People's Republic of China. The company focuses on massively multiplayer online (MMO) games that are played through networked game servers in which thousands of players are able to simultaneously connect and interact. The company has a P/E ratio of 14.7, above the average diversified services industry P/E ratio of 8.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Giant Interactive Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share. You can view the full Giant Interactive Group Ratings Report.