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NEW YORK ( TheStreet) -- KIT Digital (Nasdaq: KITD) hit a new 52-week low Friday as it is currently trading at $3.15, below its previous 52-week low of $3.22 with 39,262 shares traded as of 9:30 a.m. ET. Average volume has been 1.7 million shares over the past 30 days. KIT Digital has a market cap of $171.6 million and is part of the services sector and media industry. Shares are up 45% year to date as of the close of trading on Thursday. KIT digital, Inc., through its subsidiaries, provides end-to-end video asset management software and related services to enterprise clients.