Skywest Stock Hits New 52-Week Low (SKYW)

NEW YORK ( TheStreet) -- Skywest Incorporated (Nasdaq: SKYW) hit a new 52-week low Wednesday as it is currently trading at $8.50, below its previous 52-week low of $8.52 with 141,086 shares traded as of 10:25 a.m. ET. Average volume has been 353,000 shares over the past 30 days.

Skywest has a market cap of $475.8 million and is part of the services sector and transportation industry. Shares are down 30.7% year to date as of the close of trading on Tuesday.

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.

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