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NEW YORK ( TheStreet) -- Weight Watchers International (NYSE: WTW) hit a new 52-week low Friday as it is currently trading at $48.55, below its previous 52-week low of $49.10 with 70,318 shares traded as of 9:35 a.m. ET. Average volume has been 877,300 shares over the past 30 days. Weight Watchers International has a market cap of $2.78 billion and is part of the services sector and diversified services industry. Shares are down 8.1% year to date as of the close of trading on Thursday. Weight Watchers International, Inc. engages in the provision of weight management services primarily in North America, the United Kingdom, Continental Europe, Australia, and New Zealand. The company has a P/E ratio of 13, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.