NEW YORK ( TheStreet) -- Lennar Corporation (NYSE: LEN) hit a new 52-week low Tuesday as it is currently trading at $12.27, below its previous 52-week low of $12.39 with 837,516 shares traded as of 10:06 a.m. ET. Average volume has been 4.8 million shares over the past 30 days. Lennar has a market cap of $2.1 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 32.1% year to date as of the close of trading on Monday. Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. The company has a P/E ratio of 27.1, above the average materials & construction industry P/E ratio of 25.1 and above the S&P 500 P/E ratio of 17.7.
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