NEW YORK ( TheStreet) -- Atlas Energy (NYSE: ATLS) hit a new 52-week high Monday as it is currently trading at $27.60, above its previous 52-week high of $27.36 with 88,927 shares traded as of 10 a.m. ET. Average volume has been 356,900 shares over the past 30 days.

Atlas Energy has a market cap of $1.36 billion and is part of the utilities sector and utilities industry. Shares are up 10.5% year to date as of the close of trading on Friday.

Atlas Energy, L.P., a midstream energy service company, engages in the gathering and processing of natural gas in the Mid-Continent and Appalachia regions. The company has a P/E ratio of 31.2, above the average utilities industry P/E ratio of 28.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Atlas Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full Atlas Energy Ratings Report.

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