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NEW YORK ( TheStreet) -- Macro Bank (NYSE: BMA) hit a new 52-week low Thursday as it is currently trading at $12.69, below its previous 52-week low of $12.93 with 137,569 shares traded as of 1:16 p.m. ET. Average volume has been 187,900 shares over the past 30 days. Macro has a market cap of $782.6 million and is part of the financial sector and banking industry. Shares are down 31.3% year to date as of the close of trading on Wednesday. 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 2.9 and below the S&P 500 P/E ratio of 17.7.