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NEW YORK ( TheStreet) -- Leap Wireless International (Nasdaq: LEAP) hit a new 52-week low Tuesday as it is currently trading at $5.61, below its previous 52-week low of $5.78 with 314,970 shares traded as of 10:10 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Leap Wireless International has a market cap of $543.8 million and is part of the technology sector and telecommunications industry. Shares are down 52.3% year to date as of the close of trading on Monday. Leap Wireless International, Inc., together with its subsidiaries, provides digital wireless services under the 'Cricket' brand name in the United States. The company offers unlimited local and the U.S.