NEW YORK ( TheStreet) -- Repsol YPF (NYSE: REP) hit a new 52-week high Wednesday as it traded at $32.78 compared with its previous 52-Week high of $32.77. Repsol YPF is changing hands at $32.76 with 146,159 shares traded as of 10:39 a.m. ET. Average volume has been 760,000 shares over the past 30 days. Repsol YPF has a market cap of $39.1 billion and is part of the basic materials sector and energy industry. Shares are up 14.8% year to date as of the close of trading on Tuesday.

Repsol YPF, S.A., an integrated oil and gas company, engages in the exploration, development, and production of crude oil and natural gas primarily Spain and Argentina. The company has a P/E ratio of 9.8, below the average energy industry P/E ratio of 20.1 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Repsol YPF as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, attractive valuation levels, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Repsol YPF Ratings Report.

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