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NEW YORK ( TheStreet) -- Rex Energy Corporation (Nasdaq: REXX) hit a new 52-week low Tuesday as it is currently trading at $9.50, below its previous 52-week low of $9.67 with 345,571 shares traded as of 9:35 a.m. ET. Average volume has been 974,200 shares over the past 30 days. Rex Energy has a market cap of $474.6 million and is part of the basic materials sector and energy industry. Shares are down 28.1% year to date as of the close of trading on Monday. Rex Energy Corporation operates as an independent oil and gas company in the Appalachian, Illinois, and Denver-Julesburg Basins.