Hornbeck Offshore Services Stock Hits New 52-Week High (HOS)

NEW YORK ( TheStreet) -- Hornbeck Offshore Services (NYSE: HOS) hit a new 52-week high Tuesday as it is currently trading at $43.56, above its previous 52-week high of $43.47 with 72,904 shares traded as of 10:25 a.m. ET. Average volume has been 907,900 shares over the past 30 days.

Hornbeck Offshore Services has a market cap of $961.3 million and is part of the basic materials sector and energy industry. Shares are up 39.8% year to date as of the close of trading on Monday.

Hornbeck Offshore Services, Inc., through its subsidiaries, provides marine transportation services to exploration and production, oilfield service, offshore construction, and the United States military customers. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Hornbeck Offshore Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hornbeck Offshore Services Ratings Report.

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Hornbeck Offshore Services (HOS) Stock: Weak On High Volume Today

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