NEW YORK ( TheStreet) -- Telephone and Data Systems (NYSE: TDS) hit a new 52-week low Monday as it is currently trading at $19.31, below its previous 52-week low of $19.33 with 35,523 shares traded as of 10:10 a.m. ET. Average volume has been 559,000 shares over the past 30 days. Telephone and Data Systems has a market cap of $2.01 billion and is part of the technology sector and telecommunications industry. Shares are down 24.9% year to date as of the close of trading on Friday. Telephone and Data Systems, Inc., a diversified telecommunications service company, provides wireless and wireline telecommunications services in the United States. The company has a P/E ratio of 10.3, below the average telecommunications industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 17.7.
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