Saia Stock Hits New 52-Week High (SAIA)

NEW YORK ( TheStreet) -- Saia (Nasdaq: SAIA) hit a new 52-week high Wednesday as it is currently trading at $20.61, above its previous 52-week high of $20.56 with 98,940 shares traded as of 1:25 p.m. ET. Average volume has been 139,400 shares over the past 30 days.

Saia has a market cap of $321.8 million and is part of the services sector and transportation industry. Shares are up 61.1% year to date as of the close of trading on Tuesday.

Saia, Inc., together with its subsidiary, Saia Motor Freight Line, LLC, operates as an asset-based trucking company in the United States. The company has a P/E ratio of 20.1, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Saia as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Saia Ratings Report.

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