Mesa Air Group Soars 7.04%, Hits Intraday High of USD 21.42

Mesa Air Group, Inc. has experienced a significant uptick in its stock performance, gaining 7.04% on February 24, 2026. The airline company reached an intraday high of USD 21.42, marking a notable achievement in its trading activity for the day. In terms of performance metrics, Mesa Air Group has shown impressive short-term gains, with a 1-week increase of 17.44% and a 1-month rise of 22.48%. Over the past year, the stock has delivered a return of 22.55%, significantly outperforming the S&P 500, which recorded a 12.95% increase during the same period. Year-to-date, the stock has risen by 15.08%, again surpassing the broader market's performance. Despite these recent gains, the company faces challenges, including a high Debt to EBITDA ratio of 14.85 times and a negative book value, indicating potential difficulties in servicing its debt. The airline industry remains competitive, and Mesa Air Group's market cap stands at USD 925 million, classifying it as a small-cap entity. As the company navigates its financial landscape, these performance indicators will be crucial in assessing its ongoing viability.