NEW YORK (

TheStreet

) --

FX Energy

(Nasdaq:

FXEN

) hit a new 52-week high Friday as it traded at $10.88 compared with its previous 52-Week high of $10.73. FX Energy is changing hands at $10.81 with 225,673 shares traded as of 10:11 a.m. ET. Average volume has been 387,900 shares over the past 30 days.

FX Energy has a market cap of $431.1 million and is part of the

basic materials

sector and

energy

industry. Shares are up 60.5% year to date as of the close of trading on Thursday.

FX Energy, Inc., together with its subsidiaries, operates as an independent oil and gas exploration and production company with principal operations in Poland. It primarily explores on the Rotliegend sandstones of the Permian Basin, Poland. The company has a P/E ratio of 99.3, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates FX Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including premium valuation and generally poor debt management. You can view the full

FX Energy Ratings Report

.

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