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Petroquest Energy Stock Hits New 52-Week High (PQ)

NEW YORK (TheStreet) -- Petroquest Energy (NYSE:PQ) hit a new 52-week high Tuesday as it traded at $9.24 compared with its previous 52-Week high of $8.84. Petroquest Energy is changing hands at $9.02 with 177,229 shares traded as of 9:41 a.m. ET. Average volume has been 612,800 shares over the past 30 days.

Petroquest Energy has a market cap of $538.3 million and is part of the basic materials sector and energy industry. Shares are up 13.2% year to date as of the close of trading on Friday.

PetroQuest Energy, Inc. operates as an independent oil and gas company. It engages in the acquisition, exploration, development, and operation of oil and gas properties in Oklahoma, Arkansas, and Texas, as well as onshore and in the shallow waters offshore the Gulf Coast Basin.

TheStreet Ratings rates Petroquest Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Petroquest Energy Ratings Report.

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