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NEW YORK ( TheStreet) -- Glacier Bancorp Inc (Nasdaq: GBCI) hit a new 52-week low Monday as it is currently trading at $9.01, below its previous 52-week low of $9.04 with 423,259 shares traded as of 2:45 p.m. ET. Average volume has been 647,400 shares over the past 30 days. Glacier has a market cap of $700.5 million and is part of the financial sector and banking industry. Shares are down 38% year to date as of the close of trading on Friday. Glacier Bancorp, Inc., a multi-bank holding company, provides commercial banking products and services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. The company has a P/E ratio of 17.1, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.