NEW YORK (

TheStreet

) --

Calumet Specialty Products Partners

(Nasdaq:

CLMT

) hit a new 52-week low Thursday as it is currently trading at $16.70, below its previous 52-week low of $16.81 with 242,972 shares traded as of 9:46 a.m. ET. Average volume has been 447,300 shares over the past 30 days.

Calumet Specialty has a market cap of $697.7 million and is part of the

basic materials

sector and

energy

industry. Shares are down 20.4% year to date as of the close of trading on Wednesday.

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Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The company has a P/E ratio of 23.1, above the average energy industry P/E ratio of 22.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Calumet Specialty as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full

Calumet Specialty Ratings Report

.

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