Corporacion America Airports SA (NYSE:CAAP) shares shot up 6.3% on Friday . The stock traded as high as $4.24 and last traded at $4.22, 427,522 shares changed hands during mid-day trading. An increase of 129% from the average session volume of 186,621 shares. The stock had previously closed at $3.97.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Corporacion America Airports from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Oppenheimer cut shares of Corporacion America Airports from an “outperform” rating to a “market perform” rating in a research report on Friday, November 22nd.
The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.00 and a current ratio of 1.02. The business has a fifty day simple moving average of $4.09 and a 200 day simple moving average of $5.95. The company has a market cap of $635.29 million, a P/E ratio of 6.62, a P/E/G ratio of 0.16 and a beta of 1.78.
About Corporacion America Airports (NYSE:CAAP)
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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