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NEW YORK ( TheStreet) -- Hillshire Brands (NYSE: HSH) hit a new 52-week low Thursday as it is currently trading at $24.32, below its previous 52-week low of $24.34 with 1.7 million shares traded as of 1:05 p.m. ET. Average volume has been 3.7 million shares over the past 30 days. Hillshire has a market cap of $3.04 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 388.9% year to date as of the close of trading on Wednesday. Hillshire Brands Company engages in the manufacture and marketing of a range of branded packaged meat and bakery products for the retail and foodservice markets worldwide. The company has a P/E ratio of 108.8, below the average food & beverage industry P/E ratio of 128.1 and above the S&P 500 P/E ratio of 17.7.