Skywest Stock Hits New 52-Week Low (SKYW)

NEW YORK ( TheStreet) -- Skywest Incorporated (Nasdaq: SKYW) hit a new 52-week low Thursday as it is currently trading at $8.20, below its previous 52-week low of $8.25 with 112,339 shares traded as of 12:09 p.m. ET. Average volume has been 379,600 shares over the past 30 days.

Skywest has a market cap of $426.9 million and is part of the services sector and transportation industry. Shares are down 33.5% year to date as of the close of trading on Wednesday.

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 revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full Skywest Ratings Report.

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