NEW YORK ( TheStreet) -- Delta Petroleum Corporation (Nasdaq: DPTR) hit a new 52-week low Tuesday as it is currently trading at 66 cents, below its previous 52-week high of $1.37 with two million shares traded as of 1:56 p.m. ET. Average volume has been 4.4 million shares over the past 30 days.

Delta has a market cap of $209.1 million and is part of the basic materials sector and energy industry. Shares are down 3.8% year to date as of the close of trading on Monday.

Delta Petroleum Corporation and its subsidiaries engage in the exploration, acquisition, development, production, and sale of natural gas and crude oil primarily in the Rocky Mountain and onshore Gulf Coast regions.
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TheStreet Ratings rates Delta as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full Delta Ratings Report.

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