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NEW YORK ( TheStreet) -- Strayer Education (Nasdaq: STRA) hit a new 52-week low Monday as it is currently trading at $74.12, below its previous 52-week low of $74.48 with 21,228 shares traded as of 10:05 a.m. ET. Average volume has been 262,400 shares over the past 30 days. Strayer has a market cap of $934.9 million and is part of the services sector and diversified services industry. Shares are down 49.6% year to date as of the close of trading on Friday. Strayer Education, Inc., through its subsidiary, Strayer University, provides post-secondary education services for working adults. It offers various academic programs in traditional classrooms and through the Internet. The company has a P/E ratio of 14, above the average diversified services industry P/E ratio of eight and below the S&P 500 P/E ratio of 17.7.