Swift Energy Stock Hits New 52-Week Low (SFY)

NEW YORK ( TheStreet) -- Swift Energy Company (NYSE: SFY) hit a new 52-week low Friday as it is currently trading at $18.60, below its previous 52-week low of $19 with 96,759 shares traded as of 9:35 a.m. ET. Average volume has been 857,400 shares over the past 30 days.

Swift Energy has a market cap of $862.9 million and is part of the basic materials sector and energy industry. Shares are down 33% year to date as of the close of trading on Thursday.

Swift Energy Company engages in acquiring, exploring, developing, and operating oil and natural gas properties. It focuses on oil and natural gas reserves in Texas, as well as onshore and in the inland waters of Louisiana. The company has a P/E ratio of 12.9, above the average energy industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Swift Energy as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and feeble growth in the company's earnings per share. You can view the full Swift Energy Ratings Report.

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