NEW YORK ( TheStreet) -- Guess (NYSE: GES) hit a new 52-week low Monday as it is currently trading at $27.75, below its previous 52-week low of $27.79 with 1.2 million shares traded as of 11:30 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. Guess has a market cap of $2.7 billion and is part of the services sector and retail industry. Shares are down 39.8% year to date as of the close of trading on Friday. Guess , Inc. designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It offers collections of denim and cotton clothing, including jeans, pants, overalls, skirts, dresses, shorts, blouses, shirts, jackets, and knitwear. The company has a P/E ratio of 9.8, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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