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NEW YORK ( TheStreet) -- Alere Inc (NYSE: ALR) hit a new 52-week low Monday as it is currently trading at $20.89, below its previous 52-week low of $21.06 with 100,853 shares traded as of 10:01 a.m. ET. Average volume has been one million shares over the past 30 days. Alere has a market cap of $1.9 billion and is part of the health care sector and health services industry. Shares are down 40.8% year to date as of the close of trading on Friday. Alere Inc. engages in the development, manufacture, and marketing of consumer and professional medical diagnostic products in the United States and internationally.