NEW YORK (

TheStreet

) --

Suburban Propane Partners

(NYSE:

SPH

) hit a new 52-week low Wednesday as it is currently trading at $40.16, below its previous 52-week low of $40.25 with 10,905 shares traded as of 10:14 a.m. ET. Average volume has been 104,200 shares over the past 30 days.

Suburban Propane has a market cap of $1.44 billion and is part of the

utilities

sector and

utilities

industry. Shares are down 14.6% year to date as of the close of trading on Tuesday.

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company has a P/E ratio of 33.1, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Suburban Propane as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full

Suburban Propane Ratings Report

.

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