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NEW YORK ( TheStreet) -- AerCap Holdings (NYSE: AER) hit a new 52-week low Tuesday as it is currently trading at $8.97, below its previous 52-week low of $9.02 with 104,627 shares traded as of 9:50 a.m. ET. Average volume has been 577,000 shares over the past 30 days. AerCap has a market cap of $1.5 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 34.9% year to date as of the close of trading on Monday. AerCap Holdings N.V., through its subsidiaries, operates as an integrated aviation company worldwide. It engages in leasing and trading aircraft and engines; and selling parts. The company has a P/E ratio of 5.9, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7.