NEW YORK (

TheStreet

) --

Skywest Incorporated

(Nasdaq:

SKYW

) hit a new 52-week low Friday as it is currently trading at $11.95, below its previous 52-week low of $11.96 with 423,929 shares traded as of 3:50 p.m. ET. Average volume has been 460,600 shares over the past 30 days.

Skywest has a market cap of $656.3 million and is part of the

services

sector and

transportation

industry. Shares are down 21.4% year to date as of the close of trading on Thursday.

SkyWest, Inc., through its subsidiaries, operates as a regional airline in the United States. The company has a P/E ratio of 13.6, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Skywest as a

hold

. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and poor profit margins. You can view the full

Skywest Ratings Report

.

See all

52-week low stocks

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.

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