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 $7.12, below its previous 52-week low of $7.15 with 213,049 shares traded as of 1 p.m. ET. Average volume has been 403,900 shares over the past 30 days.

Skywest has a market cap of $381.6 million and is part of the services sector and transportation industry. Shares are down 42.1% year to date as of the close of trading on Tuesday.

SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. As of May 2, 2012, the company served the United States, Canada, Mexico, and the Caribbean with approximately 3,900 daily departures and a fleet of approximately 727 regional aircraft.

TheStreet Ratings rates Skywest as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and generally poor debt management. You can view the full Skywest Ratings Report.

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