ATP Oil & Gas Stock Hits New 52-Week Low (ATPG)

NEW YORK ( TheStreet) -- ATP Oil & Gas (Nasdaq: ATPG) hit a new 52-week low Tuesday as it is currently trading at $6.10, below its previous 52-week low of $6.26 with 184,666 shares traded as of 9:35 a.m. ET. Average volume has been two million shares over the past 30 days.

ATP Oil & Gas has a market cap of $398 million and is part of the basic materials sector and energy industry. Shares are down 60.3% year to date as of the close of trading on Monday.

ATP Oil & Gas Corporation engages in the acquisition, development, and production of oil and natural gas properties in the Gulf of Mexico, the United Kingdom, and the Dutch sectors of the North Sea.
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TheStreet Ratings rates ATP Oil & Gas as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full ATP Oil & Gas Ratings Report.

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