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NEW YORK ( TheStreet) -- Arcos Dorados Holdings (NYSE: ARCO) hit a new 52-week low Wednesday as it is currently trading at $13.26, below its previous 52-week low of $13.28 with 434,591 shares traded as of 11:36 a.m. ET. Average volume has been two million shares over the past 30 days. Arcos Dorados has a market cap of $1.77 billion and is part of the services sector and leisure industry. Shares are down 34.3% year to date as of the close of trading on Tuesday. Arcos Dorados Holdings Inc. operates and franchises McDonald's restaurants.