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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.