Copa Stock Hits New 52-Week High (CPA)

NEW YORK ( TheStreet) -- Copa Holdings (NYSE: CPA) hit a new 52-week high Monday as it is currently trading at $73.60, above its previous 52-week high of $72.86 with 34,290 shares traded as of 9:35 a.m. ET. Average volume has been 327,900 shares over the past 30 days.

Copa has a market cap of $2.18 billion and is part of the services sector and transportation industry. Shares are up 23.4% year to date as of the close of trading on Friday.

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 and courier services. The company has a P/E ratio of 10, below the average transportation industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Copa as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Copa Ratings Report.

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