NEW YORK ( TheStreet) -- Layne Christensen Company (Nasdaq: LAYN) hit a new 52-week low Tuesday as it is currently trading at $18.21, below its previous 52-week low of $18.43 with 76,281 shares traded as of 10:40 a.m. ET. Average volume has been 203,700 shares over the past 30 days.

Layne Christensen has a market cap of $382 million and is part of the industrial goods sector and materials & construction industry. Shares are down 20.6% year to date as of the close of trading on Monday.

Layne Christensen Company provides drilling, water treatment, and construction services, and related products to water infrastructure and mineral exploration markets.

TheStreet Ratings rates Layne Christensen as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Layne Christensen Ratings Report.

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