NEW YORK ( TheStreet) -- Pharmerica Corporation (NYSE: PMC) hit a new 52-week low Thursday as it is currently trading at $9.88, below its previous 52-week low of $9.98 with 33,328 shares traded as of 10:55 a.m. ET. Average volume has been 308,200 shares over the past 30 days. Pharmerica has a market cap of $300.6 million and is part of the services sector and retail industry. Shares are down 33.9% year to date as of the close of trading on Wednesday. Pharmerica Corporation operates as an institutional pharmacy services company in the United States. It offers services to healthcare facilities and provides management pharmacy services to hospitals. The company has a P/E ratio of 11.7, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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