Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Shares Up 4.5% - Should You Buy?

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report)'s stock price shot up 4.5% on Thursday . The company traded as high as $11.85 and last traded at $11.85. 52,895 shares traded hands during trading, a decline of 77% from the average session volume of 225,590 shares. The stock had previously closed at $11.33.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 3.3 %

The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30. The firm's 50 day moving average is $11.42 and its two-hundred day moving average is $11.16. The stock has a market cap of $668.58 million, a price-to-earnings ratio of -10.23 and a beta of 1.11.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last posted its earnings results on Monday, February 10th. The company reported ($0.32) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 5.78% and a negative return on equity of 2.40%.

Institutional Trading of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Several hedge funds have recently bought and sold shares of CRESY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 111.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 948,270 shares of the company's stock worth $11,977,000 after purchasing an additional 499,295 shares during the period. Systrade AG acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter worth approximately $1,848,000. Crocodile Capital Partners GmbH acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter worth approximately $1,010,000. Comprehensive Money Management Services LLC bought a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at approximately $966,000. Finally, Glenorchy Capital Ltd increased its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 24.2% during the fourth quarter. Glenorchy Capital Ltd now owns 351,183 shares of the company's stock valued at $4,435,000 after acquiring an additional 68,442 shares during the period. 12.90% of the stock is currently owned by institutional investors.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

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.