NEW YORK ( TheStreet) -- CubeSmart (NYSE: CUBE) hit a new 52-week low Monday as it is currently trading at $8.05, below its previous 52-week low of $8.06 with one million shares traded as of 4:02 p.m. ET. Average volume has been 1.1 million shares over the past 30 days. CubeSmart has a market cap of $872.9 million and is part of the financial sector and real estate industry. Shares are down 10.5% year to date as of the close of trading on Friday. U-Store-It Trust operates as a real estate investment trust (REIT). The company, together with its subsidiaries, engages in the ownership, operation, acquisition, and development of self-storage facilities in the United States.
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