Shaw Stock Hits New 52-Week Low (SJR)

Shaw Communications (NYSE:SJR) hit a new 52-week low Wednesday as it is currently trading at $18.88, below its previous 52-week low of $18.92 with 192,534 shares traded as of 3:45 p.m. ET. Average volume has been 208,500 shares over the past 30 days.

TheStreet Wire

Dec 14, 2011 4:10 PM EST

NEW YORK ( TheStreet) -- Shaw Communications (NYSE: SJR) hit a new 52-week low Wednesday as it is currently trading at $18.88, below its previous 52-week low of $18.92 with 192,534 shares traded as of 3:45 p.m. ET. Average volume has been 208,500 shares over the past 30 days.

Shaw has a market cap of $8.22 billion and is part of the services sector and media industry. Shares are down 6.9% year to date as of the close of trading on Tuesday.

Shaw Communications Inc., a diversified communications company, provides broadband cable television, Internet, digital phone, telecommunications, and satellite direct-to-home (DTH) services primarily in Canada and the United States. The company has a P/E ratio of 15.5, below the average media industry P/E ratio of 18.7 and below the S&P 500 P/E ratio of 17.7.

Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Shaw as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Shaw Ratings Report.

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

If you liked this article you might like