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NEW YORK ( TheStreet) -- AllianceBernstein (NYSE: AB) hit a new 52-week low Monday as it is currently trading at $13.21, below its previous 52-week low of $13.25 with 256,957 shares traded as of 2:50 p.m. ET. Average volume has been 433,300 shares over the past 30 days. AllianceBernstein has a market cap of $1.5 billion and is part of the financial sector and financial services industry. Shares are down 41.4% year to date as of the close of trading on Friday. AllianceBernstein Holding L.P. provides investment management and related services in the United States and internationally. The company has a P/E ratio of 9.2, below the average financial services industry P/E ratio of 11.1 and below the S&P 500 P/E ratio of 17.7.