NEW YORK ( TheStreet) -- MedAssets (Nasdaq: MDAS) hit a new 52-week low Monday as it is currently trading at $9.08, below its previous 52-week low of $9.09 with 190,960 shares traded as of 1:10 p.m. ET. Average volume has been 620,200 shares over the past 30 days. MedAssets has a market cap of $589.1 million and is part of the technology sector and computer software & services industry. Shares are down 52.4% year to date as of the close of trading on Friday. MedAssets, Inc. provides technology enabled products and services for hospitals, health systems, and other non-acute healthcare providers in the United States. It operates in two segments, Spend and Clinical Resource Management, and Revenue Cycle Management.
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