NEW YORK ( TheStreet) -- XL Group (NYSE: XL) hit a new 52-week low Monday as it is currently trading at $17.88, below its previous 52-week low of $17.94 with 3.3 million shares traded as of 2:46 p.m. ET. Average volume has been 4.8 million shares over the past 30 days. XL Group has a market cap of $5.8 billion and is part of the financial sector and insurance industry. Shares are down 13.8% year to date as of the close of trading on Friday. XL Group plc, through its subsidiaries, provides insurance and reinsurance coverages to industrial, commercial, and professional firms, insurance companies, and other enterprises worldwide. The company operates in three segments: Insurance, Reinsurance, and Life Operations. The company has a P/E ratio of 24.5, below the average insurance industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.
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