NEW YORK ( TheStreet) -- Education Management Corporation (Nasdaq: EDMC) hit a new 52-week low Tuesday as it is currently trading at $12.31, below its previous 52-week low of $12.31 with 232,731 shares traded as of 3:20 p.m. ET. Average volume has been 215,700 shares over the past 30 days. Education Management has a market cap of $1.7 billion and is part of the services sector and diversified services industry. Shares are down 55.3% year to date as of the close of trading on Monday. Education Management Corporation provides post-secondary education in North America. The company has a P/E ratio of 8.4, below the average diversified services industry P/E ratio of nine and below the S&P 500 P/E ratio of 17.7.
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