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NEW YORK ( TheStreet) -- Kaydon Corporation (NYSE: KDN) hit a new 52-week low Wednesday as it is currently trading at $21.33, below its previous 52-week low of $21.39 with 343,714 shares traded as of 3:50 p.m. ET. Average volume has been 359,300 shares over the past 30 days. Kaydon has a market cap of $697.8 million and is part of the industrial goods sector and industrial industry. Shares are down 29% year to date as of the close of trading on Tuesday. 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 14.1, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.