Superior Energy Services Stock Hits New 52-Week Low (SPN)

NEW YORK ( TheStreet) -- Superior Energy Services (NYSE: SPN) hit a new 52-week low Thursday as it is currently trading at $20.92, below its previous 52-week low of $20.93 with 862,243 shares traded as of 11:10 a.m. ET. Average volume has been 2.5 million shares over the past 30 days.

Superior Energy Services has a market cap of $3.54 billion and is part of the basic materials sector and energy industry. Shares are down 23.9% year to date as of the close of trading on Wednesday.

Superior Energy Services, Inc. provides specialized oilfield services and equipments to serve the production and drilling-related needs of oil and gas companies. It operates through three segments: Subsea and Well Enhancement, Drilling Products and Services, and Marine. The company has a P/E ratio of 10.3, below the average energy industry P/E ratio of 11.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Superior Energy Services as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Superior Energy Services Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%