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NEW YORK ( TheStreet) -- Nokia Oyj (NYSE: NOK) hit a new 52-week low Thursday as it is currently trading at $4.06, below its previous 52-week low of $4.20 with 17.4 million shares traded as of 10:05 a.m. ET. Average volume has been 32.2 million shares over the past 30 days. Nokia Oyj has a market cap of $19.25 billion and is part of the technology sector and telecommunications industry. Shares are down 12% year to date as of the close of trading on Wednesday. Nokia Corporation provides telecommunications infrastructure hardware, software, and services worldwide. The company offers smart phones and smart devices; and feature phones, and related services and applications.