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NEW YORK ( TheStreet) -- RadioShack (NYSE: RSH) hit a new 52-week low Friday as it is currently trading at $7.02, below its previous 52-week low of $7.04 with 1.1 million shares traded as of 11:45 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. RadioShack has a market cap of $1.02 billion and is part of the services sector and retail industry. Shares are down 27.2% year to date as of the close of trading on Thursday. RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and kiosk operations. The company has a P/E ratio of 10.1, above the average retail industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.