NEW YORK (

TheStreet

) --

Synovus Financial Corp

(NYSE:

SNV

) hit a new 52-week low Tuesday as it is currently trading at $1.92, below its previous 52-week low of $1.93 with 4.4 million shares traded as of 10:37 a.m. ET. Average volume has been 8.3 million shares over the past 30 days.

Synovus Financial has a market cap of $1.6 billion and is part of the

financial

sector and

banking

industry. Shares are down 26.1% year to date as of the close of trading on Monday.

Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee.

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TheStreet Ratings rates Synovus Financial as a

sell

. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and weak operating cash flow. You can view the full

Synovus Financial Ratings Report

.

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