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NEW YORK ( TheStreet) -- Fortress Investment Group (NYSE: FIG) hit a new 52-week low Monday as it is currently trading at $2.91, below its previous 52-week low of $2.93 with one million shares traded as of 1:20 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. Fortress Investment Group has a market cap of $577.3 million and is part of the financial sector and financial services industry. Shares are down 47.2% year to date as of the close of trading on Friday. Fortress Investment Group LLC is a public investment firm specializing in investments in debt and equity securities of public and privately held companies.