NEW YORK ( TheStreet) -- Sun Life Financial Inc (NYSE: SLF) hit a new 52-week low Wednesday as it is currently trading at $17.88, below its previous 52-week low of $18.32 with 168,323 shares traded as of 10:10 a.m. ET. Average volume has been 841,300 shares over the past 30 days.

Sun Life Financial has a market cap of $10.97 billion and is part of the financial sector and insurance industry. Shares are down 38.7% year to date as of the close of trading on Tuesday.

Sun Life Financial Inc., together with its subsidiaries, provides various life and health insurance, savings, investment management, retirement, and pension products and services to individuals and corporate customers. The company has a P/E ratio of 12.4, below the average insurance industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sun Life Financial as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Sun Life Financial Ratings Report.

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