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NEW YORK ( TheStreet) -- Telefonos de Mexico SAB de CV (NYSE: TMX) hit a new 52-week low Tuesday as it is currently trading at $14.61, below its previous 52-week low of $14.71 with 217,554 shares traded as of 10:06 a.m. ET. Average volume has been 1.3 million shares over the past 30 days. Telefonos de Mexico SAB de CV has a market cap of $13.5 billion and is part of the technology sector and telecommunications industry. Shares are down 8.8% year to date as of the close of trading on Monday. Telefonos de Mexico, S.A.B. de C.V. provides telecommunications services primarily in Mexico. It offers local telephone service; domestic and international long distance services; and interconnection services to long-distance, local, and mobile phone carriers. The company has a P/E ratio of 87.9, above the average telecommunications industry P/E ratio of 11.5 and above the S&P 500 P/E ratio of 17.7.