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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Weatherford International (NYSE: WFT) hit a new 52-week low Monday as it is currently trading at $11.13, below its previous 52-week low of $11.14 with 4.1 million shares traded as of 1:05 p.m. ET. Average volume has been 9.3 million shares over the past 30 days. Weatherford International has a market cap of $8.85 billion and is part of the basic materials sector and energy industry. Shares are down 20.4% year to date as of the close of trading on Friday. Weatherford International Ltd. provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company has a P/E ratio of 25.9, above the S&P 500 P/E ratio of 17.7.