NEW YORK ( TheStreet) -- Crosstex Energy (Nasdaq: XTXI) hit a new 52-week high Wednesday as it is currently trading at $15.32, above its previous 52-week high of $15.30 with 88,375 shares traded as of 10:59 a.m. ET. Average volume has been 227,500 shares over the past 30 days. Crosstex Energy has a market cap of $667.2 million and is part of the basic materials sector and energy industry. Shares are up 19.2% year to date as of the close of trading on Tuesday. Crosstex Energy, Inc., through its partnership interests in Crosstex Energy, L.P., engages in the gathering, transmission, processing, and marketing of natural gas, natural gas liquids (NGLs), and crude oil in the United States.
TheStreet Ratings rates Crosstex Energy as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full Crosstex Energy Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.