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NEW YORK ( TheStreet) -- Partner Communications Company (Nasdaq: PTNR) hit a new 52-week low Thursday as it is currently trading at $9.29, below its previous 52-week low of $9.31 with 200,387 shares traded as of 2:20 p.m. ET. Average volume has been 337,400 shares over the past 30 days. Partner has a market cap of $1.5 billion and is part of the technology sector and telecommunications industry. Shares are down 52.3% year to date as of the close of trading on Wednesday. Partner Communications Company Ltd. provides various telecommunications services in Israel. It offers cellular telephony services on GSM/GPRS and UMTS/HSDPA networks. The company has a P/E ratio of 4.4, below the average telecommunications industry P/E ratio of five and below the S&P 500 P/E ratio of 17.7.