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NEW YORK ( TheStreet) -- Earthlink (Nasdaq: ELNK) hit a new 52-week low Thursday as it is currently trading at $7.10, below its previous 52-week low of $7.12 with 1.7 million shares traded as of 3:06 p.m. ET. Average volume has been 1.8 million shares over the past 30 days. Earthlink has a market cap of $796.5 million and is part of the technology sector and internet industry. Shares are down 14.7% year to date as of the close of trading on Wednesday. EarthLink, Inc. provides communications services to individual and business customers in the United States. It operates in two segments, Consumer Services and Business Services. The Consumer Services segment offers Internet access and related value-added services. The company has a P/E ratio of 3.8, below the average internet industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 17.7.