NEW YORK ( TheStreet) -- Kaydon Corporation (NYSE: KDN) hit a new 52-week low Thursday as it is currently trading at $22.14, below its previous 52-week low of $22.23 with 23,056 shares traded as of 10:45 a.m. ET. Average volume has been 375,700 shares over the past 30 days. Kaydon has a market cap of $735.7 million and is part of the industrial goods sector and industrial industry. Shares are down 26% year to date as of the close of trading on Wednesday. Kaydon Corporation engages in the design, manufacture, and sale of custom engineered, performance-critical products in the United States, Germany, and internationally. The company has a P/E ratio of 14.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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