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NEW YORK ( TheStreet) -- Synovus Financial (NYSE: SNV) hit a new 52-week low Monday as it is currently trading at $1.06, below its previous 52-week low of $1.07 with 3.5 million shares traded as of 12:40 p.m. ET. Average volume has been 11.9 million shares over the past 30 days. Synovus Financial has a market cap of $901.7 million and is part of the financial sector and banking industry. Shares are down 59.5% year to date as of the close of trading on Friday. 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.