OM Group Stock Hits New 52-Week Low (OMG)

NEW YORK ( TheStreet) -- OM Group (NYSE: OMG) hit a new 52-week low Thursday as it is currently trading at $23.66, below its previous 52-week low of $23.67 with 104,279 shares traded as of 12:25 p.m. ET. Average volume has been 311,600 shares over the past 30 days.

OM Group has a market cap of $811.3 million and is part of the basic materials sector and chemicals industry. Shares are down 34.8% year to date as of the close of trading on Wednesday.

OM Group, Inc. develops, produces, and markets specialty chemicals, advanced materials, and electrochemical energy storage products worldwide. The company operates in three segments: Advanced Materials, Specialty Chemicals, and Battery Technologies. The company has a P/E ratio of 71.7, above the average chemicals industry P/E ratio of 61.2 and above the S&P 500 P/E ratio of 17.7.
  • Practice your OMG trading strategies and win cash in our stock game.

TheStreet Ratings rates OM Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full OM Group Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home