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NEW YORK ( TheStreet) -- The Goodyear Tire & Rubber (NYSE: GT) hit a new 52-week low Tuesday as it is currently trading at $8.56, below its previous 52-week low of $9.15 with 696,295 shares traded as of 9:35 a.m. ET. Average volume has been 8.2 million shares over the past 30 days. The Goodyear Tire & Rubber has a market cap of $2.5 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 20.9% year to date as of the close of trading on Monday. The Goodyear Tire & Rubber Company engages in the development, manufacture, distribution, and sale of tires, and related products and services to consumer and commercial customers worldwide.