NEW YORK ( TheStreet) -- Copa Holdings (NYSE: CPA) hit a new 52-week high Tuesday as it is currently trading at $70.63, above its previous 52-week high of $70.56 with 165,719 shares traded as of 2:25 p.m. ET. Average volume has been 272,600 shares over the past 30 days.

Copa has a market cap of $2.2 billion and is part of the services sector and transportation industry. Shares are up 16.4% year to date as of the close of trading on Monday.

Copa Holdings, S. A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo, which include freight, courier, and mail service. The company has a P/E ratio of 12.5, above the average transportation industry P/E ratio of 6.8 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Copa as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Copa Ratings Report.

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