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NEW YORK ( TheStreet) -- Grand Canyon Education (Nasdaq: LOPE) hit a new 52-week low Wednesday as it is currently trading at $13.76, below its previous 52-week high of $28.46 with 134,497 shares traded as of 1:53 p.m. ET. Average volume has been 388,100 shares over the past 30 days. Grand Canyon has a market cap of $648.4 million and is part of the services sector and diversified services industry. Shares are down 28.2% 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 14.8, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 16.6.