NEW YORK ( TheStreet) -- RadioShack (NYSE: RSH) hit a new 52-week low Wednesday as it is currently trading at $6.75, below its previous 52-week low of $6.76 with 751,611 shares traded as of 10:30 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 28.6% year to date as of the close of trading on Tuesday. RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain. The company's mobility platform offers postpaid and prepaid wireless handsets, prepaid wireless airtime, tablet devices, and e-readers. The company has a P/E ratio of 9.8, above the average retail industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.
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