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NEW YORK ( TheStreet) -- Telefonos de Mexico S.A.B. de C.V (NYSE: TMX) hit a new 52-week low Monday as it is currently trading at $14.49, below its previous 52-week low of $14.50 with 38,655 shares traded as of 10:46 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Telefonos de Mexico S.A.B. de C.V has a market cap of $13.4 billion and is part of the technology sector and telecommunications industry. Shares are down 7.4% year to date as of the close of trading on Friday. 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 87.5, above the average telecommunications industry P/E ratio of 11.4 and above the S&P 500 P/E ratio of 17.7.