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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.