Copa Reaches New 52-Week High (CPA)

NEW YORK ( TheStreet) -- Copa Holdings (NYSE: CPA) hit a new 52-week high Wednesday as it is currently trading at $82.97, above its previous 52-week high of $82.89 with 130,508 shares traded as of 12:24 p.m. ET. Average volume has been 354,900 shares over the past 30 days.

Copa has a market cap of $2.68 billion and is part of the services sector and transportation industry. Shares are up 40.3% year to date as of the close of trading on Tuesday.

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 11.6, equal to the average transportation industry P/E ratio 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, solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. 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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