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NEW YORK ( TheStreet) -- Knightsbridge Tankers (Nasdaq: VLCCF) hit a new 52-week low Monday as it is currently trading at $11.69, below its previous 52-week low of $11.70 with 224,678 shares traded as of 3:55 p.m. ET. Average volume has been 259,200 shares over the past 30 days. Knightsbridge Tankers has a market cap of $297.5 million and is part of the services sector and transportation industry. Shares are down 13.8% year to date as of the close of trading on Friday. Knightsbridge Tankers Limited, through its subsidiaries, engages in the seaborne transportation of crude oil and dry bulk cargoes worldwide. The company's customers include oil companies, tanker companies, dry bulk companies, petroleum products traders, government agencies, and other entities. The company has a P/E ratio of 9.2, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7.