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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) -- Walter Energy (NYSE: WLT) hit a new 52-week low Wednesday as it is currently trading at $28.23, below its previous 52-week low of $28.25 with 77,555 shares traded as of 9:35 a.m. ET. Average volume has been 3.5 million shares over the past 30 days. Walter Energy has a market cap of $1.8 billion and is part of the basic materials sector and metals & mining industry. Shares are down 52.5% year to date as of the close of trading on Tuesday. 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 -1.9, below the S&P 500 P/E ratio of 17.7.