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NEW YORK ( TheStreet) -- The Western Union Company (NYSE: WU) hit a new 52-week low Monday as it is currently trading at $14.97, below its previous 52-week low of $15 with 2.6 million shares traded as of 1:26 p.m. ET. Average volume has been 7.3 million shares over the past 30 days. The Western Union has a market cap of $9.9 billion and is part of the services sector and diversified services industry. Shares are down 17.7% year to date as of the close of trading on Friday. The Western Union Company provides money transfer and payment services worldwide. The company's Consumer-to-Consumer segment offers consumer-to-consumer money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The company has a P/E ratio of 10.8, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.