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NEW YORK ( TheStreet) -- CommonWealth REIT (NYSE: CWH) hit a new 52-week low Tuesday as it is currently trading at $16.83, below its previous 52-week low of $17.02 with 42,661 shares traded as of 9:36 a.m. ET. Average volume has been 935,000 shares over the past 30 days. CommonWealth REIT has a market cap of $1.4 billion and is part of the financial sector and real estate industry. Shares are down 32.4% year to date as of the close of trading on Monday. CommonWealth REIT operates as a real estate investment trust (REIT) in the United States. The company engages in the ownership and operation of real estate properties. Its property portfolio includes office buildings, industrial buildings, and leased industrial land. The company has a P/E ratio of 54.2, above the average real estate industry P/E ratio of 12.4 and above the S&P 500 P/E ratio of 17.7.