NEW YORK (
) hit a new 52-week high Tuesday as it is currently trading at $11.62, above its previous 52-week high of $11.58 with 1.2 million shares traded as of 9:40 a.m. ET. Average volume has been 12.1 million shares over the past 30 days.
Delta Air Lines has a market cap of $9.66 billion and is part of the
industry. Shares are up 40.5% year to date as of the close of trading on Friday.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates at airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. The company has a P/E ratio of 8.5, above the average transportation industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Delta Air Lines as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
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