Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $71.38 and traded as high as $82.43. Grupo Aeroportuario del Centro Norte shares last traded at $82.04, with a volume of 44,282 shares trading hands.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group raised their price objective on Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $82.50.
Get Our Latest Analysis on OMAB
Grupo Aeroportuario del Centro Norte Trading Down 2.6 %
The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $3.38 billion, a P/E ratio of 13.94 and a beta of 1.25. The company has a 50-day moving average price of $77.75 and a 200 day moving average price of $71.63.
Institutional Trading of Grupo Aeroportuario del Centro Norte
Hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its stake in shares of Grupo Aeroportuario del Centro Norte by 3,581.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 405 shares of the transportation company's stock worth $28,000 after acquiring an additional 394 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Grupo Aeroportuario del Centro Norte by 94.3% in the fourth quarter. Venturi Wealth Management LLC now owns 575 shares of the transportation company's stock worth $39,000 after purchasing an additional 279 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Grupo Aeroportuario del Centro Norte during the fourth quarter worth $48,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Grupo Aeroportuario del Centro Norte by 41.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 685 shares of the transportation company's stock worth $48,000 after purchasing an additional 200 shares in the last quarter. Finally, Barclays PLC purchased a new position in Grupo Aeroportuario del Centro Norte during the 3rd quarter worth $72,000. 9.53% of the stock is owned by hedge funds and other institutional investors.
Grupo Aeroportuario del Centro Norte Company Profile
(
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Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.
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