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NEW YORK ( TheStreet) -- KT Corporation (NYSE: KT) hit a new 52-week low Tuesday as it is currently trading at $13.32, below its previous 52-week low of $13.34 with 553,461 shares traded as of 9:55 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. KT has a market cap of $6.6 billion and is part of the technology sector and telecommunications industry. Shares are down 14.5% year to date as of the close of trading on Monday. KT Corporation provides telecommunication services in Korea. The company has a P/E ratio of 6.4, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.