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NEW YORK ( TheStreet) -- AAR (NYSE: AIR) hit a new 52-week low Tuesday as it is currently trading at $13.10, below its previous 52-week low of $13.14 with 81,157 shares traded as of 12:05 p.m. ET. Average volume has been 354,800 shares over the past 30 days. AAR has a market cap of $532.6 million and is part of the industrial goods sector and aerospace/defense industry. Shares are down 30.7% year to date as of the close of trading on Monday. AAR CORP. provides products and services to aviation, government, and defense markets worldwide. The company's Aviation Supply Chain segment purchases and sells new, overhauled, and repaired engine and airframe parts and components. The company has a P/E ratio of 6.8, below the average aerospace/defense industry P/E ratio of 7.1 and below the S&P 500 P/E ratio of 17.7.