Republic Airways Stock Hits New 52-Week Low (RJET)

NEW YORK ( TheStreet) -- Republic Airways Holdings (Nasdaq: RJET) hit a new 52-week low Wednesday as it is currently trading at $4.67, below its previous 52-week high of $9.58 with 392,983 shares traded as of 11:07 a.m. ET. Average volume has been 685,000 shares over the past 30 days.

Republic Airways has a market cap of $231.3 million and is part of the services sector and transportation industry. Shares are down 33.3% year to date as of the close of trading on Tuesday.

Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company also offers air cargo and charter services. The company has a P/E ratio of 21.8, below the average transportation industry P/E ratio of 25.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Republic Airways as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins. You can view the full Republic Airways Ratings Report.

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