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NEW YORK ( TheStreet) -- Lan Airlines (NYSE: LFL) hit a new 52-week low Friday as it is currently trading at $21.11, below its previous 52-week low of $21.19 with 93,360 shares traded as of 10:05 a.m. ET. Average volume has been 472,800 shares over the past 30 days. Lan Airlines has a market cap of $7.7 billion and is part of the services sector and transportation industry. Shares are down 29.5% year to date as of the close of trading on Thursday. Lan Airlines S.A., together with its subsidiaries, provides passenger and cargo air transportation services. The company offers air cargo transportation services to other international air carriers, freight-forwarding companies, export oriented companies, and individual consumers. The company has a P/E ratio of 18.3, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.