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NEW YORK ( TheStreet) -- Asiainfo-Linkage (Nasdaq: ASIA) hit a new 52-week low Monday as it is currently trading at $6.83, below its previous 52-week low of $7.10 with 125,215 shares traded as of 9:40 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Asiainfo-Linkage has a market cap of $585.5 million and is part of the technology sector and computer software & services industry. Shares are down 55.5% year to date as of the close of trading on Friday. AsiaInfo-Linkage, Inc. provides telecommunications software solutions and information technology (IT) products and services to telecommunications carriers and other enterprises in the People's Republic of China. The company has a P/E ratio of 7.6, above the average computer software & services industry P/E ratio of 7.3 and below the S&P 500 P/E ratio of 17.7.