NEW YORK ( TheStreet) -- Weyerhaeuser (NYSE: WY) hit a new 52-week low Tuesday as it is currently trading at $14.88, below its previous 52-week low of $15.10 with 926,594 shares traded as of 10:06 a.m. ET. Average volume has been 6.8 million shares over the past 30 days. Weyerhaeuser has a market cap of $8.4 billion and is part of the financial sector and real estate industry. Shares are down 19.4% year to date as of the close of trading on Monday. Weyerhaeuser Company, a forest product company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. The company manages 20.5 million acres of forests. The company has a P/E ratio of 3.7, below the average real estate industry P/E ratio of 4.8 and below the S&P 500 P/E ratio of 17.7.
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