SkyWest, Inc. (NASDAQ:SKYW - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $97.59 and last traded at $96.52, with a volume of 45338 shares traded. The stock had previously closed at $95.92.
SkyWest Trading Up 0.6 %
The stock has a market capitalization of $3.87 billion, a PE ratio of 22.96 and a beta of 1.95. The company has a current ratio of 0.84, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. The stock has a 50 day moving average price of $83.48 and a 200-day moving average price of $79.32.
Institutional Trading of SkyWest
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SKYW. NBC Securities Inc. lifted its position in shares of SkyWest by 1,368.0% during the 3rd quarter. NBC Securities Inc. now owns 367 shares of the transportation company's stock valued at $31,000 after buying an additional 342 shares in the last quarter. Kings Path Partners LLC bought a new position in shares of SkyWest in the second quarter worth about $42,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of SkyWest during the second quarter valued at approximately $54,000. CWM LLC lifted its stake in SkyWest by 57.3% in the 2nd quarter. CWM LLC now owns 766 shares of the transportation company's stock worth $63,000 after purchasing an additional 279 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in SkyWest by 45.9% during the 2nd quarter. GAMMA Investing LLC now owns 928 shares of the transportation company's stock valued at $76,000 after buying an additional 292 shares in the last quarter. 81.30% of the stock is owned by hedge funds and other institutional investors.
SkyWest Company Profile
(
Get Free Report)
SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest's airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.
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