NEW YORK (

TheStreet

) --

JetBlue Airways Corporation

(Nasdaq:

JBLU

) hit a new 52-week low Wednesday as it is currently trading at $3.46, below its previous 52-week low of $3.49 with 293,315 shares traded as of 9:43 a.m. ET. Average volume has been 4.1 million shares over the past 30 days.

JetBlue Airways has a market cap of $1.07 billion and is part of the

services

sector and

transportation

industry. Shares are down 47.2% year to date as of the close of trading on Tuesday.

JetBlue Airways Corporation provides passenger air transportation services in the United States. The company has a P/E ratio of 15, below the average transportation industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

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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

.

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