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NEW YORK ( TheStreet) -- Navigators Group (Nasdaq: NAVG) hit a new 52-week low Tuesday as it is currently trading at $39.70, below its previous 52-week low of $39.88 with 2,032 shares traded as of 9:43 a.m. ET. Average volume has been 53,500 shares over the past 30 days. Navigators Group has a market cap of $656.8 million and is part of the financial sector and insurance industry. Shares are down 20.8% year to date as of the close of trading on Monday. The Navigators Group, Inc., an international insurance holding company, engages in the underwriting and management of property and casualty insurance in the United States, the United Kingdom, Belgium, and Sweden. The company has a P/E ratio of 20.2, above the average insurance industry P/E ratio of 16.1 and above the S&P 500 P/E ratio of 17.7.