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NEW YORK ( TheStreet) -- Delhaize Group (NYSE: DEG) hit a new 52-week low Wednesday as it is currently trading at $50.33, below its previous 52-week low of $50.57 with 22,894 shares traded as of 11:09 a.m. ET. Average volume has been 45,500 shares over the past 30 days. Delhaize Group has a market cap of $5.49 billion and is part of the services sector and retail industry. Shares are down 7.3% year to date as of the close of trading on Tuesday. Etablissements Delhaize Freres et Cie Le Lion (Groupe Delhaize) S.A., together with its subsidiaries, engages in the operations of food supermarkets in North America, Europe, and southeast Asia. The company has a P/E ratio of 6.6, below the average retail industry P/E ratio of 7.2 and below the S&P 500 P/E ratio of 17.7.