Corporación América Airports S.A. (CAAP) Can’t Be More Risky. Just Reaches All-Time Low

April 26, 2018 - By Stephen Andrade

The stock of Corporación América Airports S.A. (NYSE:CAAP) reached all time low today, Apr, 26 and still has $11.51 target or 3.00 % below today’s $11.87 share price. This indicates more downside for the $1.90 billion company. This technical setup was reported by Barchart.com. If the $11.51 PT is reached, the company will be worth $56.97M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 4.35% or $0.54 during the last trading session, reaching $11.87. About 152,902 shares traded. Corporación América Airports S.A. (NYSE:CAAP) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Corporación América Airports S.A. acquires, develops, and operates airport concessions. The company has market cap of $1.90 billion. It operates 51 airports in Latin America, Europe, and Eurasia. It has a 29.38 P/E ratio. The firm was formerly knwona as A.C.I.

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