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NEW YORK ( TheStreet) -- La-Z-Boy (NYSE: LZB) hit a new 52-week low Tuesday as it is currently trading at $6.82, below its previous 52-week low of $6.86 with 29,497 shares traded as of 9:35 a.m. ET. Average volume has been 640,500 shares over the past 30 days. La-Z-Boy has a market cap of $385.7 million and is part of the consumer goods sector and consumer durables industry. Shares are down 23.4% year to date as of the close of trading on Monday. La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products, accessories, and casegoods furniture products under the La-Z-Boy brand name in the United States and Canada. It operates in three segments: Upholstery Group, Casegoods Group, and Retail Group. The company has a P/E ratio of 5.7, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.