NEW YORK ( TheStreet) -- Trueblue (NYSE: TBI) hit a new 52-week low Monday as it is currently trading at $10.74, below its previous 52-week low of $10.80 with 158,215 shares traded as of 1:40 p.m. ET. Average volume has been 392,300 shares over the past 30 days.

Trueblue has a market cap of $508.4 million and is part of the services sector and diversified services industry. Shares are down 37% year to date as of the close of trading on Friday.

TrueBlue, Inc. provides temporary blue-collar staffing services in the United States. The company has a P/E ratio of 21.8, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Trueblue as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins. You can view the full Trueblue Ratings Report.

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