NGC 7332 is a spiral galaxy located approximately 50 million light-years away in the constellation of Pegasus. It is part of a group of galaxies known as the NGC 7339 group, which includes several other galaxies. This galaxy is notable for its bright core and well-defined spiral arms, making it a popular target for amateur astronomers. NGC 7332 is also classified as a type of S0 galaxy, indicating it has features of both spiral and elliptical galaxies. Its study helps astronomers understand galaxy formation and evolution.