Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $47.97 and last traded at $47.87, with a volume of 21,441 shares traded. The stock had previously closed at $47.49.

Separately, Zacks Investment Research raised shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research report on Wednesday, May 4th.

The company has a 50-day moving average of $46.05 and a 200 day moving average of $42.63. The company has a market capitalization of $2.35 billion and a PE ratio of 32.07.

An institutional investor recently raised its position in Grupo Aeroportuario del Centro Norte SAB de CV stock. Azimuth Capital Management LLC raised its stake in shares of Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) by 60.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,910 shares of the company’s stock after buying an additional 39,860 shares during the period. Azimuth Capital Management LLC owned 0.22% of Grupo Aeroportuario del Centro Norte SAB de CV worth $4,072,000 at the end of the most recent quarter.

Grupo Aeroportuario del Centro Norte, SAB. de C.V., (GACN) is a holding company and conducts all of its operations through its subsidiaries. Through its subsidiaries, it holds concessions to operate, maintain and develop airports in Mexico, which are concentrated in the country’s central and northern regions.

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