Grupo Aroportuario del Sureste SA stock trades under the ticker ASR & has shown recent bullish behavior that traders & investors should take a closer look into.
ASR stock closed at $213.85/share on 4/27/2022.
Grupo Aeroportuario del Sureste SA ASR Stock’s Technicals Broken Down
ASR Stock Price: $213.85
10 Day Moving Average: $207.46
50 Day Moving Average: $208.77
200 Day Moving Average: $195.62
RSI: 56.96
MACD: -0.348
Yesterday, ASR stock completed a bullish MACD crossover, while climbing 2.3%.
With a relatively neutral RSI & above average trading volume compared to the rest of the year, ASR looks to have more upward momentum in the near-term.
They will have to break above the $214.82, $216.91 & $218.78/share resistance levels.
Grupo Aeroportuario del Sureste SA ASR Stock As A Long-Term Investment
Long-term focused investors may like ASR stock’s valuation metrics, with a P/E (ttm) of 20.53 & a P/B (mrq) 3.31.
They recently reported 59.6% Quarterly Revenue Growth Y-o-Y, with 300.2% Quarterly Earnings Growth Y-o-Y.
Their balance sheet may need a closer review, with $8.77B in Total Cash (mrq) & $13.8B in Total Debt (mrq).
ASR stock pays a 1.96% dividend yield, which appears stable in the long run, with a 41.1% payout ratio.
25% of ASR stock’s outstanding share float is owned by institutional investors.
Grupo Aeroportuario del Sureste SA ASR Stock As A Short-Term Trade Using Options
Short-term oriented traders can trade ASR options in order to profit from their stock’s price movements while protecting themselves from volatility.
I am looking at the contracts with the 5/20 expiration date.
The $200, $210 & $220 calls all look appealing, but are highly illiquid with one contract of open interest at each strike price.
The $220 & $210 puts also look interesting, but have the same lack of liquidity issue.
Tying It All Together
Overall, ASR stock is worth taking a closer look at to see how it fits into your portfolio strategy.
Investors will like their valuation, as well as their dividend yield.
Traders will like their current momentum, but may be dissatisfied with how liquid their options are.
There are lots of great attributes to ASR stock.
*** I DO NOT OWN SHARES OF ASR STOCK AT THE TIME OF WRITING THIS ***