It Seems Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Will Go Down. Just Reaches 52-Week Low

June 17, 2018 - By Maria Brooks

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Logo

The stock of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) hit a new 52-week low and has $147.32 target or 5.00 % below today’s $155.07 share price. The 6 months bearish chart indicates high risk for the $4.71B company. The 1-year low was reported on Jun, 17 by Barchart.com. If the $147.32 price target is reached, the company will be worth $235.70 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock increased 0.88% or $1.35 during the last trading session, reaching $155.07. About 38,019 shares traded. Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) has declined 16.78% since June 17, 2017 and is downtrending. It has underperformed by 29.35% the S&P500.

Grupo Aeroportuario del Sureste, S. A. The company has market cap of $4.71 billion. B. de C. It has a 16.31 P/E ratio. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico.

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