Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB)’s share price hit a new 52-week high on Monday . The company traded as high as $50.22 and last traded at $50.17, with a volume of 23,289 shares traded. The stock had previously closed at $49.03.

Separately, Zacks Investment Research lowered Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “hold” rating in a research report on Saturday.

The company’s 50 day moving average price is $47.76 and its 200-day moving average price is $44.07. The company has a market capitalization of $2.51 billion and a price-to-earnings ratio of 31.15.

An institutional investor recently raised its position in Grupo Aeroportuario del Centro Norte SAB de CV stock. Russell Frank Co raised its position in Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) by 87.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,150 shares of the company’s stock after buying an additional 42,001 shares during the period. Russell Frank Co owned 0.18% of Grupo Aeroportuario del Centro Norte SAB de CV worth $3,465,000 as of its most recent filing with the SEC.

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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