NEW YORK ( TheStreet) -- Principal Financial Group (NYSE: PFG) hit a new 52-week low Monday as it is currently trading at $21.54, below its previous 52-week low of $21.55 with 2.3 million shares traded as of 3:16 p.m. ET. Average volume has been 3.4 million shares over the past 30 days. Principal Financial Group has a market cap of $7.5 billion and is part of the financial sector and financial services industry. Shares are down 30.4% year to date as of the close of trading on Friday. Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services worldwide. The company has a P/E ratio of 9.8, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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