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NEW YORK ( TheStreet) -- Education Management Corporation (Nasdaq: EDMC) hit a new 52-week low Monday as it is currently trading at $13.15, below its previous 52-week low of $13.26 with 42,205 shares traded as of 11:18 a.m. ET. Average volume has been 239,500 shares over the past 30 days. Education Management has a market cap of $3.25 billion and is part of the services sector and diversified services industry. Shares are down 51% year to date as of the close of trading on Thursday. Education Management Corporation provides post-secondary education in North America. The company has a P/E ratio of 9.1, below the average diversified services industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.