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NEW YORK ( TheStreet) -- Jacobs Engineering Group (NYSE: JEC) hit a new 52-week low Monday as it is currently trading at $31.52, below its previous 52-week low of $31.69 with 1.6 million shares traded as of 1:20 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. Jacobs Engineering Group has a market cap of $4.4 billion and is part of the services sector and diversified services industry. Shares are down 29.6% year to date as of the close of trading on Friday. Jacobs Engineering Group Inc. provides professional, technical, and construction services. The company has a P/E ratio of 14, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.