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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.