NEW YORK (
) is trading at unusually high volume Thursday with 24.4 million shares changing hands. It is currently at four times its average daily volume and trading down 23 cents (-4.4%) at $4.99 as of 3:50 p.m. ET.
JetBlue Airways has a market cap of $1.63 billion and is part of the
industry. Shares are up 0.4% year to date as of the close of trading on Wednesday.
JetBlue Airways Corporation provides passenger air transportation services in the United States. The company has a P/E ratio of 18.1, below the average transportation industry P/E ratio of 23.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates JetBlue Airways as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and disappointing return on equity. You can view the full
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