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NEW YORK ( TheStreet) -- Macro Bank (NYSE: BMA) hit a new 52-week low Wednesday as it is currently trading at $13.12, below its previous 52-week low of $13.30 with 68,186 shares traded as of 12:43 p.m. ET. Average volume has been 197,000 shares over the past 30 days. Macro has a market cap of $813.6 million and is part of the financial sector and banking industry. Shares are down 28.6% year to date as of the close of trading on Tuesday. Banco Macro S.A. provides banking products and services to individuals, entrepreneurs, companies, and corporate customers in Argentina. The company has a P/E ratio of 0.7, below the average banking industry P/E ratio of three and below the S&P 500 P/E ratio of 17.7.