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Shares of Penn West Energy Trust (NYSE:PWE) hit a new 52-week low during trading on Friday , reports. The stock traded as low as $6.97 and last traded at $7.05, with a volume of 1,777,178 shares trading hands. The stock had previously closed at $7.11.

The stock’s 50-day moving average is $8.64 and its 200-day moving average is $8.7. The company’s market cap is $3.522 billion.

Penn West Energy Trust (NYSE:PWE) is an open-ended investment trust.

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