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NEW YORK ( TheStreet) -- Inergy L.P (NYSE: NRGY) hit a new 52-week low Thursday as it is currently trading at $16.84, below its previous 52-week low of $17.01 with 206,093 shares traded as of 10 a.m. ET. Average volume has been 723,500 shares over the past 30 days. Inergy L.P has a market cap of $2.65 billion and is part of the utilities sector and utilities industry. Shares are down 30.2% year to date as of the close of trading on Wednesday. Inergy, L.P. engages in the retail marketing, sale, and distribution of propane to residential, commercial, industrial, and agricultural customers in the United States.