NEW YORK (

TheStreet

) --

Skywest Incorporated

(Nasdaq:

SKYW

) hit a new 52-week low Wednesday as it is currently trading at $7.12, below its previous 52-week low of $7.15 with 213,049 shares traded as of 1 p.m. ET. Average volume has been 403,900 shares over the past 30 days.

Skywest has a market cap of $381.6 million and is part of the

services

sector and

transportation

industry. Shares are down 42.1% year to date as of the close of trading on Tuesday.

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. As of May 2, 2012, the company served the United States, Canada, Mexico, and the Caribbean with approximately 3,900 daily departures and a fleet of approximately 727 regional aircraft.

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TheStreet Ratings rates Skywest as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full

Skywest Ratings Report

.

See all

52-week low stocks

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