GenOn Energy Stock Hits New 52-Week Low (GEN)

NEW YORK ( TheStreet) -- GenOn Energy (NYSE: GEN) hit a new 52-week low Wednesday as it is currently trading at $2.02, below its previous 52-week low of $2.03 with 641,650 shares traded as of 9:50 a.m. ET. Average volume has been 8.4 million shares over the past 30 days.

GenOn Energy has a market cap of $1.65 billion and is part of the utilities sector and utilities industry. Shares are down 19.2% year to date as of the close of trading on Tuesday.

GenOn Energy, Inc., together with its subsidiaries, provides energy, capacity, ancillary, and other energy services to wholesale customers in the energy market in the United States.

TheStreet Ratings rates GenOn Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full GenOn Energy Ratings Report.

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