Corporación América Airports S.A. (NYSE:CAAP – Get Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as $18.25 and last traded at $18.03, with a volume of 28535 shares. The stock had previously closed at $18.09.
Corporación América Airports Stock Performance
The company has a debt-to-equity ratio of 1.41, a current ratio of 1.09 and a quick ratio of 1.07. The firm has a fifty day moving average of $16.31 and a 200-day moving average of $15.22.
Corporación América Airports (NYSE:CAAP – Get Free Report) last posted its earnings results on Wednesday, March 20th. The company reported $0.81 earnings per share (EPS) for the quarter. Corporación América Airports had a return on equity of 30.10% and a net margin of 17.00%. The company had revenue of $365.00 million for the quarter. On average, research analysts forecast that Corporación América Airports S.A. will post 1.05 earnings per share for the current year.
Hedge Funds Weigh In On Corporación América Airports
Hedge funds have recently made changes to their positions in the business. TT International Asset Management LTD bought a new stake in shares of Corporación América Airports during the fourth quarter valued at approximately $2,332,000. Acadian Asset Management LLC lifted its holdings in Corporación América Airports by 219.9% during the 3rd quarter. Acadian Asset Management LLC now owns 156,902 shares of the company’s stock worth $2,087,000 after buying an additional 107,857 shares in the last quarter. Fourth Sail Capital LP bought a new position in Corporación América Airports in the 1st quarter valued at $1,175,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Corporación América Airports by 45.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 169,767 shares of the company’s stock valued at $2,726,000 after buying an additional 53,034 shares during the period. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of Corporación América Airports during the first quarter worth $856,000. Institutional investors and hedge funds own 12.95% of the company’s stock.
About Corporación América Airports
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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