NEW YORK ( TheStreet) -- NutriSystem (Nasdaq: NTRI) hit a new 52-week low Thursday as it is currently trading at $10.16, below its previous 52-week low of $10.21 with 44,546 shares traded as of 10:15 a.m. ET. Average volume has been 585,900 shares over the past 30 days. NutriSystem has a market cap of $303.8 million and is part of the services sector and diversified services industry. Shares are down 19.8% year to date as of the close of trading on Wednesday. Nutrisystem, Inc. provides weight management products and services in the United States. The company offers nutritionally balanced weight loss programs designed for women, men, and seniors. The company has a P/E ratio of 27.4, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates NutriSystem as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full NutriSystem Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.