Grupo Aeroportuario Del Sureste S.A.B. De Reaches New 52-Week High (ASR)

NEW YORK ( TheStreet) -- Grupo Aeroportuario del Sureste S.A.B. de (NYSE: ASR) hit a new 52-week high Thursday as it is currently trading at $63.53, above its previous 52-week high of $63.43 with 9,509 shares traded as of 11:50 a.m. ET. Average volume has been 57,700 shares over the past 30 days.

Grupo Aeroportuario del Sureste S.A.B. de has a market cap of $1.85 billion and is part of the services sector and transportation industry. Shares are up 12.4% year to date as of the close of trading on Wednesday.

Grupo Aeroportuario del Sureste, S.A.B. de C.V., through its subsidiaries, holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company has a P/E ratio of 16, above the average transportation industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Grupo Aeroportuario del Sureste S.A.B. de as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Grupo Aeroportuario del Sureste S.A.B. de Ratings Report.

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