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NEW YORK ( TheStreet) -- Insituform Technologies (Nasdaq: INSU) hit a new 52-week low Wednesday as it is currently trading at $12.98, below its previous 52-week low of $13.01 with 342,541 shares traded as of 3:46 p.m. ET. Average volume has been 480,400 shares over the past 30 days. Insituform has a market cap of $536.8 million and is part of the industrial goods sector and materials & construction industry. Shares are down 49.5% year to date as of the close of trading on Tuesday. Insituform Technologies, Inc., through its subsidiaries, provides proprietary technologies and services for rehabilitating sewer, water, energy, and mining piping systems and the corrosion protection of industrial pipelines in North America and internationally. The company has a P/E ratio of 11.4, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.