NEW YORK ( TheStreet) -- Astoria Financial Corporation (NYSE: AF) hit a new 52-week low Tuesday as it is currently trading at $8.96, below its previous 52-week low of $9.08 with 18,444 shares traded as of 9:35 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Astoria Financial has a market cap of $902.7 million and is part of the financial sector and banking industry. Shares are down 34.1% year to date as of the close of trading on Friday. Astoria Financial Corporation operates as the bank holding company for Astoria Federal Savings and Loan Association that provides various banking services in the United States. It primarily engages in generating deposits and originating loans. The company has a P/E ratio of 9.7, above the average banking industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.
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