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NEW YORK ( TheStreet) -- Shaw Communications (NYSE: SJR) hit a new 52-week low Wednesday as it is currently trading at $18.88, below its previous 52-week low of $18.92 with 192,534 shares traded as of 3:45 p.m. ET. Average volume has been 208,500 shares over the past 30 days. Shaw has a market cap of $8.22 billion and is part of the services sector and media industry. Shares are down 6.9% year to date as of the close of trading on Tuesday. Shaw Communications Inc., a diversified communications company, provides broadband cable television, Internet, digital phone, telecommunications, and satellite direct-to-home (DTH) services primarily in Canada and the United States. The company has a P/E ratio of 15.5, below the average media industry P/E ratio of 18.7 and below the S&P 500 P/E ratio of 17.7.