NEW YORK ( TheStreet) -- Bank of Montreal (NYSE: BMO) hit a new 52-week low Tuesday as it is currently trading at $53.11, below its previous 52-week low of $53.66 with 47,262 shares traded as of 9:35 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Bank of Montreal has a market cap of $35.7 billion and is part of the financial sector and banking industry. Shares are down 6.1% year to date as of the close of trading on Monday. Bank of Montreal, together with its subsidiaries, provides a range of retail banking, wealth management, and investment banking products and solutions in North America and internationally. The company has a P/E ratio of 10.4, below the average banking industry P/E ratio of 10.5 and below the S&P 500 P/E ratio of 17.7.
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