Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.26 and traded as high as $12.64. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria shares last traded at $12.56, with a volume of 179,654 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "hold" rating to a "sell" rating in a research note on Tuesday, November 12th.
View Our Latest Analysis on Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance
The company has a market capitalization of $779.21 million, a PE ratio of -9.79 and a beta of 1.11. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.30. The firm's 50-day simple moving average is $12.93 and its 200-day simple moving average is $10.29.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last announced its earnings results on Friday, November 8th. The company reported ($0.71) earnings per share for the quarter. The firm had revenue of $240.86 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 7.06% and a negative return on equity of 2.46%.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 10th. Stockholders of record on Monday, December 2nd were given a $0.6096 dividend. This is a positive change from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's previous dividend of $0.38. The ex-dividend date of this dividend was Monday, December 2nd. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's dividend payout ratio (DPR) is -44.70%.
Hedge Funds Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
Several large investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% in the fourth quarter. GAMMA Investing LLC now owns 6,452 shares of the company's stock valued at $81,000 after acquiring an additional 4,545 shares during the period. Truist Financial Corp purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter worth $216,000. Meixler Investment Management Ltd. increased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 8.9% in the third quarter. Meixler Investment Management Ltd. now owns 47,670 shares of the company's stock valued at $412,000 after buying an additional 3,893 shares in the last quarter. Crocodile Capital Partners GmbH purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $1,010,000. Finally, Ping Capital Management Inc. increased its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the fourth quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock valued at $1,835,000 after buying an additional 30,300 shares in the last quarter. 12.90% of the stock is currently owned by institutional investors and hedge funds.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile
(
Get Free Report)
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.
Featured Stories
Before you consider Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria wasn't on the list.
While Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
