NEW YORK ( TheStreet) -- Government Properties Income (NYSE: GOV) hit a new 52-week low Monday as it is currently trading at $20.46, below its previous 52-week low of $20.50 with 194,578 shares traded as of 1:40 p.m. ET. Average volume has been 588,200 shares over the past 30 days. Government Properties Income has a market cap of $891.2 million and is part of the financial sector and real estate industry. Shares are down 19.7% year to date as of the close of trading on Friday. Government Properties Income Trust operates as a real estate investment trust (REIT) in the United States. It primarily owns and leases office buildings that are leased mainly to government tenants. The company has a P/E ratio of 25.9, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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