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NEW YORK ( TheStreet) -- Qiagen (Nasdaq: QGEN) hit a new 52-week low Tuesday as it is currently trading at $12.50, below its previous 52-week low of $12.63 with 1.2 million shares traded as of 10:06 a.m. ET. Average volume has been 2.3 million shares over the past 30 days. Qiagen has a market cap of $3.1 billion and is part of the services sector and diversified services industry. Shares are down 31.4% year to date as of the close of trading on Monday. QIAGEN N.V., through its subsidiaries, provides sample and assay technologies. The company has a P/E ratio of 22, below the average diversified services industry P/E ratio of 23.9 and above the S&P 500 P/E ratio of 17.7.