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NEW YORK ( TheStreet) -- Layne Christensen Company (Nasdaq: LAYN) hit a new 52-week low Monday as it is currently trading at $19.19, below its previous 52-week low of $19.30 with 3,202 shares traded as of 10:01 a.m. ET. Average volume has been 198,400 shares over the past 30 days. Layne Christensen has a market cap of $390 million and is part of the industrial goods sector and materials & construction industry. Shares are down 19.4% year to date as of the close of trading on Friday. Layne Christensen Company provides drilling, water treatment, and construction services, and related products to water infrastructure and mineral exploration markets.