Cal Dive International Stock Hits New 52-Week Low (DVR)

NEW YORK (TheStreet) -- Cal Dive International (NYSE:DVR) hit a new 52-week low Tuesday as it is currently trading at $2.18, below its previous 52-week low of $2.21 with 932,622 shares traded as of 3:30 p.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Cal Dive International has a market cap of $227.6 million and is part of the basic materials sector and energy industry. Shares are down 59.8% year to date as of the close of trading on Monday.

Cal Dive International, Inc., a marine contracting company, provides manned diving, pipelay and pipe burial, platform installation, and platform salvage services to the offshore oil and natural gas industry.

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TheStreet Ratings rates Cal Dive International as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. You can view the full Cal Dive International Ratings Report.

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