NEW YORK ( TheStreet) -- Comstock Resources (NYSE: CRK) hit a new 52-week low Thursday as it is currently trading at $19.28, below its previous 52-week low of $19.54 with 283,959 shares traded as of 10:45 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. Comstock has a market cap of $971.5 million and is part of the basic materials sector and energy industry. Shares are down 16.5% year to date as of the close of trading on Wednesday. Comstock Resources, Inc. engages in the acquisition, development, production, and exploration of oil and natural gas properties in the United States.
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TheStreet Ratings rates Comstock as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Comstock Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.