Atlas Air Worldwide Rises On Unusually High Volume (AAWW)

NEW YORK ( TheStreet) -- Atlas Air Worldwide Holdings (Nasdaq: AAWW) is trading at unusually high volume Monday with 906,906 shares changing hands. It is currently at four times its average daily volume and trading up $8.95 (+15.8%) at $65.40 as of 12:20 p.m. ET. Atlas Air Worldwide has a market cap of $1.4 billion and is part of the services sector and transportation industry. Shares are up 1.1% year to date as of the close of trading on Friday.

Atlas Air Worldwide Holdings, Inc. provides air cargo and outsourced aircraft operating solutions worldwide. The company operates through four segments: Aircraft, Crew, Maintenance, and Insurance (ACMI); Air Mobility Command (AMC) Charter; Commercial Charter; and Dry Leasing. The company has a P/E ratio of 10.8, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 23.5.

TheStreet Ratings rates Atlas Air Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Atlas Air Worldwide Ratings Report.

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