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NEW YORK ( TheStreet) -- Lamar Advertising (Nasdaq: LAMR) hit a new 52-week low Friday as it is currently trading at $18.20, below its previous 52-week low of $18.24 with 823,999 shares traded as of 2:31 p.m. ET. Average volume has been 877,500 shares over the past 30 days. Lamar Advertising has a market cap of $1.6 billion and is part of the services sector and media industry. Shares are down 50.9% year to date as of the close of trading on Thursday. Lamar Advertising Company, together with its subsidiaries, provides various outdoor advertising services.