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NEW YORK ( TheStreet) -- RadioShack (NYSE: RSH) hit a new 52-week low Thursday as it is currently trading at $6.47, below its previous 52-week low of $6.48 with 1.9 million shares traded as of 11:10 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 33.3% year to date as of the close of trading on Wednesday. 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 9.5, below the average retail industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.