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NEW YORK ( TheStreet) -- Career Education Corporation (Nasdaq: CECO) hit a new 52-week low Wednesday as it is currently trading at $5.86, below its previous 52-week low of $5.88 with 492,428 shares traded as of 11:35 a.m. ET. Average volume has been one million shares over the past 30 days. Career has a market cap of $422.9 million and is part of the services sector and diversified services industry. Shares are down 18.1% year to date as of the close of trading on Tuesday. Career Education Corporation operates colleges, schools, and universities that provide educational services in career-oriented disciplines worldwide.