Lowest Price to Book Ratio in the Airlines Industry Detected for Skywest (SKYW, RJET, JBLU)
47 minutes ago - Financial News Network Online - News Corner via Comtex
Below are the three companies in the Airlines industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.Skywest (NASDAQ:SKYW) is lowest with a price to book ratio of 0.51. SkyWest, Inc. operates regional airlines that offer scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean. Over the past year, Skywest has traded in a range of $6.25 to $14.32 and is now at $13.49, 116% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.4%.
Following is Republic Airways Holdings (NASDAQ:RJET) with a price to book ratio of 0.80. Finishing up the bottom three is JetBlue Airways (NASDAQ:JBLU), with a price to book ratio of 0.92