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NEW YORK ( TheStreet) -- Rite Aid Corporation (NYSE: RAD) hit a new 52-week low Tuesday as it is currently trading at 86 cents, below its previous 52-week low of 87 cents with 831,519 shares traded as of 9:50 a.m. ET. Average volume has been 10.8 million shares over the past 30 days. Rite Aid has a market cap of $872.4 million and is part of the services sector and retail industry. Shares are up 3.4% year to date as of the close of trading on Monday. Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The company's drugstores primarily offer pharmacy services.