NEW YORK ( TheStreet) -- Healthways (Nasdaq: HWAY) hit a new 52-week low Tuesday as it is currently trading at $6.20, below its previous 52-week low of $6.22 with 37,983 shares traded as of 11:40 a.m. ET. Average volume has been 345,800 shares over the past 30 days.

Healthways has a market cap of $219.7 million and is part of the health care sector and health services industry. Shares are down 42.7% year to date as of the close of trading on Monday.

Healthways, Inc. provides specialized, comprehensive solutions to assist people to maintain and improve their health and well-being. The company has a P/E ratio of 6.6, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Healthways as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Healthways Ratings Report.

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