Delta Air Lines Stock Hits New 52-Week High (DAL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Delta Air Lines (NYSE: DAL) hit a new 52-week high Friday as it is currently trading at $12.66, above its previous 52-week high of $12.61 with 130,837 shares traded as of 9:30 a.m. ET. Average volume has been 10.5 million shares over the past 30 days.

Delta Air Lines has a market cap of $10.4 billion and is part of the services sector and transportation industry. Shares are up 3% year to date as of the close of trading on Thursday.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates at airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. The company has a P/E ratio of 7.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Delta Air Lines as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Delta Air Lines Ratings Report.

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