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NEW YORK (

TheStreet

) --

Walter Energy

(NYSE:

WLT

) hit a new 52-week low Monday as it is currently trading at $43.56, below its previous 52-week low of $43.85 with 767,903 shares traded as of 11:15 a.m. ET. Average volume has been 2.9 million shares over the past 30 days.

Walter Energy has a market cap of $2.82 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 24.1% year to date as of the close of trading on Friday.

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Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. The company also produces thermal and industrial coal, anthracite, metallurgical coke, coal bed methane gas, and other related products. The company has a P/E ratio of 9.2, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Walter Energy as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full

Walter Energy Ratings Report

.

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