NEW YORK ( TheStreet) -- SBA Communications (Nasdaq: SBAC) hit a new 52-week low Tuesday as it is currently trading at $32.70, below its previous 52-week low of $32.76 with 128,897 shares traded as of 9:56 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. SBA has a market cap of $3.8 billion and is part of the services sector and diversified services industry. Shares are down 18.5% year to date as of the close of trading on Monday. SBA Communications Corporation owns and operates wireless communications towers primarily in the United States, Canada, Costa Rica, El Salvador, and Panama.
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