AbitibiBowater Stock Hits New 52-Week Low (ABH)

NEW YORK ( TheStreet) -- AbitibiBowater (NYSE: ABH) hit a new 52-week low Monday as it is currently trading at $13.60, below its previous 52-week low of $13.70 with 5,410 shares traded as of 9:36 a.m. ET. Average volume has been 315,000 shares over the past 30 days.

AbitibiBowater has a market cap of $1.43 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 4.7% year to date as of the close of trading on Thursday.

AbitibiBowater, Inc., doing business as Resolute Forest Products, manufactures and sells newsprint, commercial printing papers, market pulp, and wood products in the United States. The company has a P/E ratio of 33, above the average consumer non-durables industry P/E ratio of 0.3 and above the S&P 500 P/E ratio of 17.7.

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

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AbitibiBowater Stock Hits New 52-Week Low (ABH)

AbitibiBowater Stock Hits New 52-Week Low (ABH)

AbitibiBowater Stock Hits New 52-Week Low (ABH)

AbitibiBowater Stock Hits New 52-Week Low (ABH)