NEW YORK ( TheStreet) -- CSG Systems International (Nasdaq: CSGS) hit a new 52-week low Friday as it is currently trading at $12.50, below its previous 52-week low of $12.53 with 16,925 shares traded as of 10:10 a.m. ET. Average volume has been 242,800 shares over the past 30 days. CSG Systems International has a market cap of $458.4 million and is part of the technology sector and computer software & services industry. Shares are down 32.5% year to date as of the close of trading on Thursday. CSG Systems International, Inc. provides outsourced customer care and billing solutions primarily to the cable and direct broadcast satellite industry in North America. It offers Advanced Convergent Platform, a customer care and billing solution, and related services and software products. The company has a P/E ratio of 14.4, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Practice your CSGS trading strategies and win cash in our stock game.