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NEW YORK ( TheStreet) -- Apollo Group (Nasdaq: APOL) hit a new 52-week low Thursday as it is currently trading at $26.24, below its previous 52-week low of $26.28 with 556,529 shares traded as of 11:40 a.m. ET. Average volume has been 2.4 million shares over the past 30 days. Apollo Group has a market cap of $3.07 billion and is part of the services sector and diversified services industry. Shares are down 50.6% year to date as of the close of trading on Wednesday. Apollo Group, Inc., through its subsidiaries, provides online and on-campus educational programs and services at the undergraduate, master's, and doctoral levels. The company has a P/E ratio of 6.6, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.