Skywest Stock Hits New 52-Week Low (SKYW)

NEW YORK ( TheStreet) -- Skywest Incorporated (Nasdaq: SKYW) hit a new 52-week low Tuesday as it is currently trading at $10.39, below its previous 52-week low of $10.46 with 19,085 shares traded as of 10:09 a.m. ET. Average volume has been 243,100 shares over the past 30 days.

Skywest has a market cap of $697.9 million and is part of the services sector and transportation industry. Shares are down 16.1% year to date as of the close of trading on Monday.

SkyWest, Inc., through its subsidiaries, operates as a regional airline in the United States.

TheStreet Ratings rates Skywest 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 Skywest Ratings Report.

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