NEW YORK ( TheStreet) -- Best Buy Co Inc (NYSE: BBY) hit a new 52-week low Monday as it is currently trading at $22.64, below its previous 52-week low of $22.74 with 2.7 million shares traded as of 1:10 p.m. ET. Average volume has been 7.5 million shares over the past 30 days. Best Buy Co has a market cap of $9.1 billion and is part of the services sector and retail industry. Shares are down 32.1% year to date as of the close of trading on Friday. Best Buy Co., Inc. operates as a retailer of consumer electronics, home office products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. The company has a P/E ratio of 8.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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