Energy XXI (Nasdaq:EXXI) hit a new 52-week low Monday as it is currently trading at $21.60, below its previous 52-week low of $21.69 with 139,012 shares traded as of 10:06 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.
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 Monday as it is currently trading at $21.60, below its previous 52-week low of $21.69 with 139,012 shares traded as of 10:06 a.m. ET. Average volume has been 1.5 million shares over the past 30 days. Energy XXI has a market cap of $1.76 billion and is part of the basic materials sector and energy industry. Shares are down 31.1% year to date as of the close of trading on Friday. 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 6.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Energy XXI as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Energy XXI Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.