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NEW YORK ( TheStreet) -- Medical Properties (NYSE: MPW) hit a new 52-week low Monday as it is currently trading at $8.72, below its previous 52-week low of $8.76 with 489,301 shares traded as of 1:10 p.m. ET. Average volume has been one million shares over the past 30 days. Medical has a market cap of $1 billion and is part of the financial sector and real estate industry. Shares are down 17.4% year to date as of the close of trading on Friday. Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company has a P/E ratio of 31.9, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.