NEW YORK ( TheStreet) -- Saia (Nasdaq: SAIA) hit a new 52-week high Thursday as it is currently trading at $22.08, above its previous 52-week high of $22.05 with 45,119 shares traded as of 12:29 p.m. ET. Average volume has been 175,000 shares over the past 30 days.

Saia has a market cap of $342.3 million and is part of the services sector and transportation industry. Shares are up 57.9% year to date as of the close of trading on Wednesday.

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 21.4, 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 impressive record of earnings per share growth, compelling growth in net income, revenue growth, 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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