NEW YORK ( TheStreet) -- Regency Energy Partners (Nasdaq: RGNC) hit a new 52-week high Monday as it traded at $27.99 compared with its previous 52-Week high of $27.80. Regency Energy is changing hands at $27.80 with 24,349 shares traded as of 10:02 a.m. ET. Average volume has been 397,200 shares over the past 30 days. Regency Energy has a market cap of $3.7 billion and is part of the basic materials sector and energy industry. Shares are up 1.2% year to date as of the close of trading on Friday. Regency Energy Partners LP engages in the gathering, processing, contract compression, and transportation of natural gas and natural gas liquids (NGLs). It operates in four segments: Gathering and Processing, Transportation, Contract Compression, and Corporate and Others. TheStreet Ratings rates Regency Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Regency Energy Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.