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NEW YORK ( TheStreet) -- Lincoln National Corp (Radnor PA (NYSE: LNC) hit a new 52-week low Wednesday as it is currently trading at $17.21, below its previous 52-week low of $17.22 with 5.1 million shares traded as of 3:30 p.m. ET. Average volume has been 5.6 million shares over the past 30 days. Lincoln National Corp (Radnor PA has a market cap of $5.7 billion and is part of the financial sector and insurance industry. Shares are down 34.7% year to date as of the close of trading on Tuesday. Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It sells a range of wealth protection, accumulation, and retirement income products and solutions. The company has a P/E ratio of 5.3, below the average insurance industry P/E ratio of 5.4 and below the S&P 500 P/E ratio of 17.7.