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NEW YORK ( TheStreet) -- NuVasive (Nasdaq: NUVA) hit a new 52-week low Tuesday as it is currently trading at $12.25, below its previous 52-week low of $12.27 with 515,148 shares traded as of 3:30 p.m. ET. Average volume has been one million shares over the past 30 days. NuVasive has a market cap of $552.1 million and is part of the health care sector and health services industry. Shares are down 49% year to date as of the close of trading on Monday. NuVasive, Inc., a medical device company, engages in the design, development, and marketing of minimally disruptive surgical products and procedures for the spine. Its products are used in applications for spine fusion surgery.