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NEW YORK ( TheStreet) -- Universal Technical Institute (NYSE: UTI) hit a new 52-week low Monday as it is currently trading at $12.97, below its previous 52-week low of $13.01 with 274,151 shares traded as of four p.m. ET. Average volume has been 154,900 shares over the past 30 days. Universal Technical has a market cap of $343.4 million and is part of the services sector and diversified services industry. Shares are down 38.3% year to date as of the close of trading on Friday. Universal Technical Institute, Inc. provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States. The company has a P/E ratio of 12, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.