Copa Reaches New 52-Week High (CPA)

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) -- Copa Holdings (NYSE: CPA) hit a new 52-week high Wednesday as it is currently trading at $107.03, above its previous 52-week high of $106.88 with 130,575 shares traded as of 11:35 a.m. ET. Average volume has been 351,600 shares over the past 30 days.

Copa has a market cap of $3.55 billion and is part of the services sector and transportation industry. Shares are up 6.7% year to date as of the close of trading on Tuesday.

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo and courier services. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Copa as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Copa Ratings Report.

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