Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 17,200 shares, a drop of 55.4% from the July 31st total of 38,600 shares. Based on an average daily trading volume, of 63,500 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Shares of OMAB traded up $0.19 during trading hours on Friday, reaching $47.61. 24,600 shares of the company traded hands, compared to its average volume of 77,867. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $2.05 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 4.66 and a beta of 0.78. Grupo Aeroportuario del Centro Nort has a fifty-two week low of $33.39 and a fifty-two week high of $58.10. The stock has a fifty day simple moving average of $46.69 and a 200 day simple moving average of $47.96.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its quarterly earnings data on Wednesday, July 24th. The transportation company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.05. The business had revenue of $113.38 million for the quarter. Grupo Aeroportuario del Centro Nort had a return on equity of 37.00% and a net margin of 38.86%. Research analysts predict that Grupo Aeroportuario del Centro Nort will post 3.41 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quantamental Technologies LLC boosted its stake in shares of Grupo Aeroportuario del Centro Nort by 58.5% during the second quarter. Quantamental Technologies LLC now owns 653 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 241 shares during the last quarter. American Beacon Advisors Inc. boosted its stake in shares of Grupo Aeroportuario del Centro Nort by 54.0% during the first quarter. American Beacon Advisors Inc. now owns 796 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 279 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Grupo Aeroportuario del Centro Nort by 22.1% during the first quarter. SG Americas Securities LLC now owns 4,413 shares of the transportation company’s stock valued at $199,000 after acquiring an additional 799 shares during the last quarter. Eagle Asset Management Inc. acquired a new stake in shares of Grupo Aeroportuario del Centro Nort during the first quarter valued at $213,000. Finally, Stevens Capital Management LP acquired a new stake in shares of Grupo Aeroportuario del Centro Nort during the second quarter valued at $252,000. 12.14% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on the company. BidaskClub upgraded Grupo Aeroportuario del Centro Nort from a “sell” rating to a “hold” rating in a research report on Wednesday, September 4th. ValuEngine cut Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research report on Friday, June 28th. Zacks Investment Research cut Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research report on Tuesday, September 3rd. Finally, UBS Group cut Grupo Aeroportuario del Centro Nort from a “buy” rating to a “neutral” rating in a research report on Thursday, June 27th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Grupo Aeroportuario del Centro Nort has a consensus rating of “Hold” and a consensus target price of $52.00.

About Grupo Aeroportuario del Centro Nort

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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