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Tuesday, February 19, 2013

Potentially Oversold Level Reached (NASDAQ: SKYW)

Shares of SKYW traded higher by 0.46% or $0.06/share to $13.05. NASDAQ is trading at a price to book ratio of 0.48. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.14 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.19. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 349161 shares of SKYW exchange hands on a given day and today's volume is recorded at 236516. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

SkyWest, Inc. (SkyWest) through subsidiaries, SkyWest Airlines, Inc.