NEW YORK (

TheStreet

) --

McDermott International Inc

(NYSE:

MDR

) hit a new 52-week low Friday as it is currently trading at $10.81, below its previous 52-week low of $10.87 with 3.6 million shares traded as of 2:55 p.m. ET. Average volume has been 4.2 million shares over the past 30 days.

McDermott International has a market cap of $2.8 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 17.8% year to date as of the close of trading on Thursday.

McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company focuses on designing and executing complex offshore oil and gas projects. The company has a P/E ratio of 16.6, above the average materials & construction industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.

  • Practice your MDR trading strategies and win cash in our stock game.

TheStreet Ratings rates McDermott International as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full

McDermott International Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null