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NEW YORK ( TheStreet) -- Petroleo Brasileiro SA Petrobras (NYSE: PBR) hit a new 52-week low Friday as it is currently trading at $12.47, below its previous 52-week low of $12.51 with 6.6 million shares traded as of 10 a.m. ET. Average volume has been 16.4 million shares over the past 30 days. Petroleo Brasileiro SA Petrobras has a market cap of $83.55 billion and is part of the basic materials sector and energy industry. Shares are down 33% year to date as of the close of trading on Wednesday. Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally.