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NEW YORK ( TheStreet) -- SPX Corporation (NYSE: SPW) hit a new 52-week low Monday as it is currently trading at $44.16, below its previous 52-week low of $44.83 with 48,983 shares traded as of 9:40 a.m. ET. Average volume has been 693,700 shares over the past 30 days. SPX has a market cap of $2.5 billion and is part of the industrial goods sector and industrial industry. Shares are down 36.6% year to date as of the close of trading on Friday. SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. The company has a P/E ratio of 15, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.