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NEW YORK ( TheStreet) -- KT Corporation (NYSE: KT) hit a new 52-week low Wednesday as it is currently trading at $13.94, below its previous 52-week low of $13.95 with 699,292 shares traded as of 1:05 p.m. ET. Average volume has been 898,200 shares over the past 30 days. KT has a market cap of $7.25 billion and is part of the technology sector and telecommunications industry. Shares are down 9.7% year to date as of the close of trading on Tuesday. KT Corporation provides telecommunication services in Korea. The company has a P/E ratio of 6.6, below the average telecommunications industry P/E ratio of seven and below the S&P 500 P/E ratio of 17.7.