NEW YORK ( TheStreet) -- Education Management Corporation (Nasdaq: EDMC) hit a new 52-week low Friday as it is currently trading at $11.86, below its previous 52-week low of $11.90 with 26,138 shares traded as of 9:58 a.m. ET. Average volume has been 223,400 shares over the past 30 days. Education Management has a market cap of $1.51 billion and is part of the services sector and diversified services industry. Shares are down 57.2% 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 eight, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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