Skywest Rises On Unusually High Volume (SKYW)

NEW YORK ( TheStreet) -- Skywest Incorporated (Nasdaq: SKYW) is trading at unusually high volume Monday with 1.2 million shares changing hands. It is currently at four times its average daily volume and trading up 28 cents (+3.2%) at $9.20 as of 3:05 p.m. ET.

Skywest has a market cap of $461.3 million and is part of the services sector and transportation industry. Shares are down 29.2% year to date as of the close of trading on Friday.

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

TheStreet Ratings rates Skywest as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Skywest Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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