NEW YORK ( TheStreet) -- PetMed Express (Nasdaq: PETS) hit a new 52-week low Wednesday as it is currently trading at $10.65, below its previous 52-week low of $10.68 with 40,190 shares traded as of 10:43 a.m. ET. Average volume has been 352,800 shares over the past 30 days. PetMed Express has a market cap of $234.1 million and is part of the health care sector and drugs industry. Shares are down 39% year to date as of the close of trading on Tuesday. PetMed Express, Inc., doing business as 1-800-PetMeds, markets non-prescription and prescription pet medications; and other health products for dogs, cats, and horses. The company has a P/E ratio of 13.2, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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