NEW YORK ( TheStreet) -- CNinsure (Nasdaq: CISG) hit a new 52-week low Friday as it is currently trading at $9.82, below its previous 52-week low of $10.20 with 80,147 shares traded as of 10:05 a.m. ET. Average volume has been 404,300 shares over the past 30 days. CNinsure has a market cap of $557.1 million and is part of the financial sector and insurance industry. Shares are down 40.4% year to date as of the close of trading on Thursday. CNinsure Inc., together with its subsidiaries, provides insurance brokerage and agency services, and insurance claims adjusting services in the People's Republic of China. The company has a P/E ratio of 8.5, above the average insurance industry P/E ratio of 6.2 and below the S&P 500 P/E ratio of 17.7.
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