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NEW YORK ( TheStreet) -- Quiksilver Inc (NYSE: ZQK) hit a new 52-week low Monday as it is currently trading at $2.97, below its previous 52-week low of $2.98 with 384,796 shares traded as of 11:30 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Quiksilver has a market cap of $536.8 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 40% year to date as of the close of trading on Friday. Quiksilver, Inc. engages in the design, development, production, and distribution of apparel, footwear, accessories, and related products.