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NEW YORK ( TheStreet) -- Old Republic International Corporation (NYSE: ORI) hit a new 52-week low Monday as it is currently trading at $8.61, below its previous 52-week low of $8.68 with 402,077 shares traded as of 12:16 p.m. ET. Average volume has been 2.2 million shares over the past 30 days. Old Republic International has a market cap of $2.3 billion and is part of the financial sector and insurance industry. Shares are down 34.6% year to date as of the close of trading on Friday. Old Republic International Corporation, through its subsidiaries, engages in insurance underwriting business. It operates in three segments: General Insurance, Mortgage Guaranty, and Title Insurance. The company has a P/E ratio of 53.2, above the S&P 500 P/E ratio of 17.7.