Hugoton Royalty Stock Hits New 52-Week Low (HGT)

NEW YORK ( TheStreet) -- Hugoton Royalty (NYSE: HGT) hit a new 52-week low Monday as it is currently trading at $12.23, below its previous 52-week low of $12.29 with 269,753 shares traded as of 11:19 a.m. ET. Average volume has been 269,900 shares over the past 30 days.

Hugoton Royalty has a market cap of $515.2 million and is part of the basic materials sector and energy industry. Shares are down 31.6% year to date as of the close of trading on Friday.

Hugoton Royalty Trust operates as an express trust in the United States. The company holds an 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. The company has a P/E ratio of 8.3, below the average energy industry P/E ratio of 9.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hugoton Royalty as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Hugoton Royalty Ratings Report.

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