Walter Energy Stock Hits New 52-Week Low (WLT)

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) -- Walter Energy (NYSE: WLT) hit a new 52-week low Thursday as it is currently trading at $29.66, below its previous 52-week low of $29.75 with 736,865 shares traded as of 10 a.m. ET. Average volume has been 3.4 million shares over the past 30 days.

Walter Energy has a market cap of $1.98 billion and is part of the basic materials sector and metals & mining industry. Shares are down 47.8% year to date as of the close of trading on Wednesday.

Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States. The company also produces thermal and industrial coal, anthracite, metallurgical coke, coal bed methane gas, and other related products. The company has a P/E ratio of -2.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Walter Energy as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins. You can view the full Walter Energy Ratings Report.

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