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NEW YORK ( TheStreet) -- Bank of America Corporation (NYSE: BAC) hit a new 52-week low Monday as it is currently trading at $5.98, below its previous 52-week low of $6 with 94.6 million shares traded as of 12:20 p.m. ET. Average volume has been 277.7 million shares over the past 30 days. Bank of America has a market cap of $64.4 billion and is part of the financial sector and banking industry. Shares are down 54.1% year to date as of the close of trading on Friday. Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally.