NEW YORK ( TheStreet) -- Apartment Investment & Management (NYSE: AIV) hit a new 52-week low Monday as it is currently trading at $21.20, below its previous 52-week low of $21.22 with one million shares traded as of 1:10 p.m. ET. Average volume has been 2.1 million shares over the past 30 days. Apartment Investment & Management has a market cap of $2.8 billion and is part of the financial sector and real estate industry. Shares are down 14.4% year to date as of the close of trading on Friday. Apartment Investment and Management Company (AIMCO) is a real estate investment manager. The firm engages in the acquisition, ownership, management, and redevelopment of apartment properties. It invests in real estate markets of United States. The firm primarily invests in apartment properties. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7.
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