Shares of Corporación América Airports S.A. (NYSE:CAAP - Get Free Report) were down 4.5% on Thursday . The stock traded as low as $18.42 and last traded at $18.45. Approximately 75,234 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 125,471 shares. The stock had previously closed at $19.32.
Corporación América Airports Trading Down 4.2 %
The business's 50-day moving average price is $19.16 and its 200-day moving average price is $17.62. The firm has a market capitalization of $3.02 billion, a PE ratio of 8.57 and a beta of 1.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.29 and a quick ratio of 1.27.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of Corporación América Airports during the second quarter worth about $38,000. Rhumbline Advisers purchased a new stake in shares of Corporación América Airports in the second quarter valued at about $98,000. Vontobel Holding Ltd. purchased a new position in Corporación América Airports during the third quarter worth about $224,000. Metis Global Partners LLC lifted its position in Corporación América Airports by 33.5% in the third quarter. Metis Global Partners LLC now owns 13,958 shares of the company's stock valued at $244,000 after purchasing an additional 3,501 shares during the period. Finally, Meixler Investment Management Ltd. lifted its holdings in shares of Corporación América Airports by 23.7% in the 3rd quarter. Meixler Investment Management Ltd. now owns 31,051 shares of the company's stock valued at $542,000 after buying an additional 5,950 shares during the period. 12.95% of the stock is owned by hedge funds and other institutional investors.
About Corporación América Airports
(
Get Free Report)
Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports SA in September 2017.
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