NEW YORK ( TheStreet) -- QuinStreet (Nasdaq: QNST) hit a new 52-week low Wednesday as it is currently trading at $8.81, below its previous 52-week low of $8.91 with 64,130 shares traded as of 10:06 a.m. ET. Average volume has been 379,300 shares over the past 30 days. QuinStreet has a market cap of $535.5 million and is part of the services sector and media industry. Shares are down 41.8% year to date as of the close of trading on Tuesday. QuinStreet, Inc. operates as a vertical marketing and media online company in the United States and internationally. It provides direct marketing services, including the delivery of leads or paid clicks; and hosted solution and related services for clients in the direct selling industry. The company has a P/E ratio of 20.3, below the average media industry P/E ratio of 20.5 and above the S&P 500 P/E ratio of 17.7.
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