NEW YORK ( TheStreet) -- The Goldman Sachs Group Inc (NYSE: GS) hit a new 52-week low Tuesday as it is currently trading at $105.03, below its previous 52-week low of $105.10 with 16.3 million shares traded as of 1:49 p.m. ET. Average volume has been 6.9 million shares over the past 30 days. The Goldman Sachs Group has a market cap of $57.2 billion and is part of the financial sector and financial services industry. Shares are down 33.5% year to date as of the close of trading on Monday. The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. The company has a P/E ratio of 11.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates The Goldman Sachs Group as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full The Goldman Sachs Group Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.