NEW YORK ( TheStreet) -- Kaydon Corporation (NYSE: KDN) hit a new 52-week low Monday as it is currently trading at $27.25, below its previous 52-week low of $27.33 with 131,754 shares traded as of 1:54 p.m. ET. Average volume has been 317,800 shares over the past 30 days. Kaydon has a market cap of $956.5 million and is part of the industrial goods sector and industrial industry. Shares are down 29.6% year to date as of the close of trading on Friday. Kaydon Corporation engages in the design, manufacture, and sale of custom engineered, and performance-critical products in the United States, Germany, and internationally. The company has a P/E ratio of 19.3, above the average industrial industry P/E ratio of 18.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Kaydon as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Kaydon Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.