Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) shot up 8.6% during mid-day trading on Monday . The company traded as high as $11.70 and last traded at $11.55. 106,612 shares were traded during trading, a decline of 48% from the average session volume of 205,701 shares. The stock had previously closed at $10.64.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Up 3.6 %
The stock's 50 day simple moving average is $10.84 and its two-hundred day simple moving average is $11.31. The stock has a market capitalization of $749.66 million, a PE ratio of -11.47 and a beta of 0.91. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The company reported ($0.32) earnings per share for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.40% and a negative net margin of 5.78%.
Institutional Trading of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
Hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at about $38,000. GAMMA Investing LLC boosted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% during the fourth quarter. GAMMA Investing LLC now owns 6,452 shares of the company's stock valued at $81,000 after purchasing an additional 4,545 shares during the period. Bank of America Corp DE grew its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% in the fourth quarter. Bank of America Corp DE now owns 8,116 shares of the company's stock worth $103,000 after purchasing an additional 6,679 shares during the last quarter. Meixler Investment Management Ltd. grew its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% in the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company's stock worth $628,000 after acquiring an additional 2,071 shares during the last quarter. Finally, Comprehensive Money Management Services LLC bought a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter worth about $966,000. 12.90% of the stock is owned by institutional investors.
About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
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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.
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