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NEW YORK ( TheStreet) -- Central European Media (Nasdaq: CETV) hit a new 52-week low Wednesday as it is currently trading at $5.88, below its previous 52-week low of $5.89 with 101,341 shares traded as of 12:07 p.m. ET. Average volume has been 438,300 shares over the past 30 days. Central European Media has a market cap of $340.2 million and is part of the services sector and media industry. Shares are down 8.3% year to date as of the close of trading on Tuesday. Central European Media Enterprises Ltd., a media and entertainment company, operates broadcast, content, and new media businesses in central and eastern Europe. The company operates in three segments: Broadcast, Media Pro Entertainment, and New Media.