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NEW YORK ( TheStreet) -- J.C. Penney (NYSE: JCP) hit a new 52-week low Monday as it is currently trading at $21.48, below its previous 52-week low of $21.57 with 715,182 shares traded as of 9:40 a.m. ET. Average volume has been 7.6 million shares over the past 30 days. J.C. Penney has a market cap of $4.97 billion and is part of the services sector and retail industry. Shares are down 35.8% year to date as of the close of trading on Friday. J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings.