Business

News Spotlight: Hawaiian Holdings, Inc. (NASDAQ: HA)

Hawaiian Holdings, Inc. (NASDAQ: HA) settled plunge of -0.49% in recent trading period with closing price of $28.47. The company’s last traded volume of 545262 shares vs to an average volume of 701.69K shares. HA has price to cash ratio of 1.78. In the trailing 12 months period, return on assets ratio of the Company was 5.60% and return on equity ratio was 20.60% while its return on investment ratio was 14.30%.

Fareportal is a travel technology company has reported a branded fare joint venture with Hawaiian Airlines. “Fareportal is thrilled to be a Hawaiian Airlines preferred partner and we look forward to CheapOair and OneTravel consumers taking advantage of these new, lowest-priced branded fares. We see a lot of our consumers seeking out ‘no frills’ travel options and this is a great prospect to ensure that even more consumers are able to go on their dream vacation,” stated Sam S. Jain, Founder and CEO of Fareportal.

“Our joint venture with Hawaiian Airlines is the strongest it has ever been, and we are excited to see where the future takes us,” remarked Jain.

HA net profit margin of the firm was recorded at 7.30% and operating profit margin was calculated at 11.60% while gross profit margin was measured as 31.70%. Beta factor, which measures the riskiness of the security, was registered at 1.7. EPS growth for this year is -4.40% and EPS growth for next year is expected to reach at -15.42%. EPS growth in past five years was 35.40% while EPS growth in next five years is projected to arrive at -2.20%. Sales growth past 5 years was measured at 5.60%.