Grupo Aeroportuario Del Sureste (ASR) - Overbought - views

Grupo Aeroportuario Del Sureste has hit a technical signal on 3 different technical indicators. ASR is in the Transportation sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $68.05 on Feb. 1.

There are currently 7 analysts covering the company. Of these analysts, 6 have a buy recommendation. The current consensus estimate for quarterly earnings among the 7 analysts covering the stock is $1.00 per share. Last quarter the company earned $1.06 per share. The consensus estimate for this years earnings is $3.76 per share as compared to the next years' expectation, of $4.13 per share. The consensus estimate for next years earnings is $4.13 per share, which represents forecast growth of 9.8%.

Over the last 52 weeks, the stock has been trading between $47.79 and $68.32. More recently in the last 4 weeks, the stock has been trading between $56.86 and $68.32. Yesterday the stock traded between $66.21 and $68.32. The stock currently has a PE ratio of 15.4.

Grupo Aeroportuario Del Sureste is trading 9.0% from its 20-day simple moving average (SMA) of $62.45 and 17.2% from its 50-day SMA and 19.41% from its 200-day SMA. Average daily volume over the last 30 days has been 44,957 shares.

At yesterdays close: the RSI was at 82.2, the CCI was at 127.7 and the Fast Stochastic was at 97.1. ASR closed yesterday at $68.05, on volume of 46,400 shares as compared to an average volume of 44,957 over the last 4 weeks.

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 operates nine airports located in the cities of Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlan. It offers aeronautical services, such as landing services, aircraft parking, passenger walkways, and the provision of airport security services. The company also provides various non-aeronautical services, including the lease of space in airports to retailers, restaurants, airlines, and other commercial tenants; and complementary services, such as catering, handling, and ground transport services. Grupo Aeroportuario del Sureste, S.A.B. de C.V. was founded in 1998 and is headquartered in Mexico City, Mexico.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.