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NEW YORK ( TheStreet) -- Insituform Technologies (Nasdaq: INSU) hit a new 52-week low Friday as it is currently trading at $11.49, below its previous 52-week low of $11.61 with 334,164 shares traded as of 10:20 a.m. ET. Average volume has been 479,300 shares over the past 30 days. Insituform has a market cap of $521.8 million and is part of the industrial goods sector and materials & construction industry. Shares are down 49.6% year to date as of the close of trading on Thursday. 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 11.1, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.