NEW YORK ( TheStreet) -- JetBlue Airways Corporation (Nasdaq: JBLU) is trading at unusually high volume Tuesday with 16.4 million shares changing hands. It is currently at four times its average daily volume and trading up 31 cents (+8.4%) at $3.99 as of 2:30 p.m. ET.

JetBlue Airways has a market cap of $1.03 billion and is part of the services sector and transportation industry. Shares are down 44.3% year to date as of the close of trading on Monday.

JetBlue Airways Corporation provides passenger air transportation services in the United States. The company has a P/E ratio of 14.5, below the average transportation industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates JetBlue Airways as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full JetBlue Airways Ratings Report.

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