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NEW YORK ( TheStreet) -- TriMas Corporation (Nasdaq: TRS) hit a new 52-week low Thursday as it is currently trading at $14.10, below its previous 52-week low of $14.19 with 189,528 shares traded as of 1:46 p.m. ET. Average volume has been 244,200 shares over the past 30 days. TriMas has a market cap of $566.7 million and is part of the industrial goods sector and industrial industry. Shares are down 23.5% year to date as of the close of trading on Wednesday. TriMas Corporation designs, manufactures, and distributes various products for commercial, industrial, and consumer markets worldwide. The company has a P/E ratio of 11.5, below the average industrial industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7.