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 Friday as it is currently trading at $120.65, above its previous 52-week high of $120.46 with 368,381 shares traded as of 12:40 p.m. ET. Average volume has been 366,000 shares over the past 30 days.

Copa has a market cap of $3.86 billion and is part of the services sector and transportation industry. Shares are up 17.3% year to date as of the close of trading on Thursday.

Copa Holdings, S.A., through its subsidiaries, engages in the air transportation of passengers, cargo, and mail in Latin America. As of January 22, 2013, it operated a fleet of 83 aircrafts, including 57 Boeing 737NG aircrafts and 26 EMBRAER-190s. The company has a P/E ratio of 15.3, 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, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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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