NEW YORK ( TheStreet) -- Invesco (NYSE: IVZ) hit a new 52-week low Thursday as it is currently trading at $15.61, below its previous 52-week low of $15.75 with 8.5 million shares traded as of 3:26 p.m. ET. Average volume has been 5.7 million shares over the past 30 days. Invesco has a market cap of $8 billion and is part of the financial sector and financial services industry. Shares are down 25.9% year to date as of the close of trading on Wednesday. Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm offers investment management, asset management, and fund management services to its clients. The company has a P/E ratio of 12.1, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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