NEW YORK ( TheStreet) -- Grand Canyon Education (Nasdaq: LOPE) hit a new 52-week low Wednesday as it traded at $14.81 compared with its previous 52-Week low of $15.33. Grand Canyon is changing hands at $14.86 with 587,631 shares traded as of 9:31 a.m. ET. Average volume has been 332,700 shares over the past 30 days.

Grand Canyon has a market cap of $797.1 million and is part of the services sector and diversified services industry. Shares are down 13.5% year to date as of the close of trading on Tuesday.

Grand Canyon Education, Inc. provides online postsecondary education services in the United States. It focuses on offering graduate and undergraduate degree programs in education, business, and healthcare disciplines. The company also offers ground and onsite programs. The company has a P/E ratio of 18.2, above the average diversified services industry P/E ratio of 16.8 and below the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Grand Canyon as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Grand Canyon Ratings Report.

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