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NEW YORK ( TheStreet) -- Alere (NYSE: ALR) hit a new 52-week low Monday as it is currently trading at $17.73, below its previous 52-week low of $17.76 with 218,734 shares traded as of 2:13 p.m. ET. Average volume has been one million shares over the past 30 days. Alere has a market cap of $1.46 billion and is part of the health care sector and health services industry. Shares are down 20.4% year to date as of the close of trading on Friday. Alere Inc. develops and manufactures patient diagnosis, monitoring, and health management products and services for cardiology, infectious diseases, toxicology, diabetes, oncology, and women's health in the United States and internationally.