NEW YORK ( TheStreet) -- Layne Christensen Company (Nasdaq: LAYN) hit a new 52-week low Monday as it is currently trading at $23.56, below its previous 52-week low of $23.89 with 1,539 shares traded as of 9:35 a.m. ET. Average volume has been 124,700 shares over the past 30 days.

Layne Christensen has a market cap of $478.4 million and is part of the industrial goods sector and materials & construction industry.

Layne Christensen Company and its subsidiaries provide drilling and construction services and related products to the water infrastructure and mineral exploration markets.
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TheStreet Ratings rates Layne Christensen as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Layne Christensen Ratings Report.

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