NEW YORK ( TheStreet) -- Arch Coal (NYSE: ACI) hit a new 52-week low Wednesday as it is currently trading at $9.70, below its previous 52-week low of $9.73 with 6.2 million shares traded as of 11:40 a.m. ET. Average volume has been 9.4 million shares over the past 30 days. Arch Coal has a market cap of $2.15 billion and is part of the basic materials sector and metals & mining industry. Shares are down 29.8% year to date as of the close of trading on Tuesday. Arch Coal, Inc. engages in the production and sale of steam and metallurgical coal from surface and underground mines located in the United States. The company has a P/E ratio of 13.2, below the average metals & mining industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Arch Coal as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and disappointing return on equity. You can view the full Arch Coal Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.