NEW YORK (TheStreet) -- JetBlue Airways Corporation (Nasdaq:JBLU) is trading at unusually high volume Tuesday with 16.4 million shares changing hands. It is currently at four times its average daily volume and trading up 31 cents (+8.4%) at $3.99 as of 2:30 p.m. ET. JetBlue Airways has a market cap of $1.03 billion and is part of the services sector and transportation industry. Shares are down 44.3% year to date as of the close of trading on Monday. JetBlue Airways Corporation provides passenger air transportation services in the United States. The company has a P/E ratio of 14.5, below the average transportation industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates JetBlue Airways as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full JetBlue Airways Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
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