NEW YORK ( TheStreet) -- Cullen Frost Bankers (NYSE: CFR) hit a new 52-week low Tuesday as it is currently trading at $43.77, below its previous 52-week low of $44.04 with 42,521 shares traded as of 9:55 a.m. ET. Average volume has been 501,700 shares over the past 30 days. Cullen Frost has a market cap of $2.8 billion and is part of the financial sector and banking industry. Shares are down 27.5% year to date as of the close of trading on Monday. Cullen/Frost Bankers, Inc., through its subsidiaries, provides various banking and financial products and services primarily in Texas. The company has a P/E ratio of 13, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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