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NEW YORK ( TheStreet) -- Valassis Communications Inc (NYSE: VCI) hit a new 52-week low Monday as it is currently trading at $18.47, below its previous 52-week low of $18.50 with 32,724 shares traded as of 9:40 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Valassis has a market cap of $913.3 million and is part of the services sector and media industry. Shares are down 42.1% year to date as of the close of trading on Friday. Valassis Communications, Inc., together with its subsidiaries, operates as a media and marketing services company primarily in the United States and Europe. The company has a P/E ratio of 9.6, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7.