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) -- Energy XXI (Nasdaq: EXXI) hit a new 52-week low Wednesday as it is currently trading at $26.11, below its previous 52-week low of $26.20 with 215,704 shares traded as of 11:50 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Energy XXI has a market cap of $2.13 billion and is part of the basic materials sector and energy industry. Shares are down 17.2% year to date as of the close of trading on Tuesday. Energy XXI (Bermuda) Limited, together with its subsidiaries, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7.
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