NEW YORK ( TheStreet) -- Prudential Financial Inc (NYSE: PRU) hit a new 52-week low Thursday as it is currently trading at $44.04, below its previous 52-week low of $44.54 with 275,227 shares traded as of 9:36 a.m. ET. Average volume has been 5.3 million shares over the past 30 days. Prudential Financial has a market cap of $23.7 billion and is part of the financial sector and insurance industry. Shares are down 22.1% year to date as of the close of trading on Wednesday. Prudential Financial, Inc., through its subsidiaries, offers various financial products and services in the United States, Asia, Europe, and Latin America. The company operates through three divisions: The U.S. Retirement Solutions and Investment Management, The U.S. The company has a P/E ratio of 8.5, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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