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NEW YORK ( TheStreet) -- Excel Maritime Carriers (NYSE: EXM) hit a new 52-week low Tuesday as it is currently trading at $4.03, below its previous 52-week high of $7.50 with 595,634 shares traded as of 11:41 a.m. ET. Average volume has been 793,500 shares over the past 30 days. Excel Maritime Carriers has a market cap of $363.6 million and is part of the services sector and transportation industry. Shares are down 25.8% year to date as of the close of trading on Monday. Excel Maritime Carriers Ltd. provides sea borne dry bulk cargo transportation services worldwide. The company transports various types of cargo, including iron ore, coal and grain, steel products, fertilizers, cement, bauxite, and sugar and scrap metal. The company has a P/E ratio of 1.4, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 16.5.