Business

Long lasting stock market figure: Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ: OMAB)

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ: OMAB) spotted trading -56.33% off 52-week high price. On the other end, the stock has been noted -0.44% away from the low price over the last 52-weeks. The stock changed -0.95% to recent value of $29.29. The stock transacted 170002 shares during most recent day however it has an average volume of 63.91K shares. The company has 48.99M of outstanding shares and 35.77M shares were floated in the market.

Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMA) recently stated its unaudited, consolidated financial and operating results for the fourth quarter and full year 2019.

Full year 2019 Summary

Ps.1,357 in Capital investments and major maintenance included in the Master Development Plans (MDPs) plus planned investments in 2019.

During 2019, we inaugurated the expansion and remodeling of the San Luis Potosí and Chihuahua airports terminal buildings.

Passenger traffic grew 7.4%, reaching 23.2M passengers.

In 2019, 46 new routes began to operate, of which, 30 were domestic and 16 were international. Net opening of routes was 33.

4Q19 Summary

Capital investments and major maintenance included in the Master Development Plans (MDPs) plus planned investments were Ps. 491M for the quarter.

Passenger traffic grew 7.6%, reaching 6.0M passengers.

Its earnings per share (EPS) expected to touch remained 34.20% for this year while earning per share for the next 5-years is expected to reach at 3.00%. OMAB has a gross margin of 63.30% and an operating margin of 53.40% while its profit margin remained 36.90% for the last 12 months.   According to the most recent quarter its current ratio was 3.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of -43.98% from the mean of 20 days, -49.54% from mean of 50 days SMA and performed -44.61% from mean of 200 days price. Company’s performance for the week was -35.88%, -54.66% for month and YTD performance remained -51.13%.