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

NEW YORK ( TheStreet) -- ATP Oil & Gas (Nasdaq: ATPG) hit a new 52-week low Monday as it is currently trading at $5.68, below its previous 52-week low of $5.71 with 2.7 million shares traded as of 10:20 a.m. ET. Average volume has been two million shares over the past 30 days.

ATP Oil & Gas has a market cap of $374.2 million and is part of the basic materials sector and energy industry. Shares are down 59.7% year to date as of the close of trading on Friday.

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 and generally disappointing historical performance in the stock itself. You can view the full ATP Oil & Gas Ratings Report.

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