The stock of Grupo Aeroportuario dl Srst SAB CV (ADR) (NYSE:ASR) is a huge mover today! About 115,301 shares traded hands or 100.21% up from the average. Grupo Aeroportuario dl Srst SAB CV (ADR) (NYSE:ASR) has risen 5.95% since April 5, 2016 and is uptrending. It has outperformed by 3.99% the S&P500.
The move comes after 8 months positive chart setup for the $4.90B company. It was reported on Nov, 7 by Barchart.com. We have $261.56 PT which if reached, will make NYSE:ASR worth $2.89 billion more.
According to Zacks Investment Research, “Grupo Aeroportuario del Sureste is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico.”
ASR Company Profile
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), incorporated on April 30, 1998, is a holding company. The Firm and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Firm operates through divisions, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan. Approximately eight Mexican and over 80 international airlines, including the United States airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in the Company’s airports.
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