Skip to main content

NEW YORK (

TheStreet

) --

Basic Energy Services

(NYSE:

BAS

) hit a new 52-week low Monday as it is currently trading at $9.10, below its previous 52-week low of $9.11 with 55,113 shares traded as of 9:39 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Basic Energy Services has a market cap of $402.7 million and is part of the

basic materials

sector and

energy

industry. Shares are down 52.7% year to date as of the close of trading on Friday.

TheStreet Recommends

Basic Energy Services, Inc. provides various well site services to oil and natural gas drilling and producing companies in the United States. The company has a P/E ratio of 4.5, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

TheStreet Ratings rates Basic Energy Services as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management. You can view the full

Basic Energy Services Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null