IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.94 and traded as high as $16.10. IRSA Inversiones y Representaciones Sociedad Anónima shares last traded at $15.60, with a volume of 101,254 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of IRSA Inversiones y Representaciones Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Friday, November 8th.
View Our Latest Stock Report on IRS
IRSA Inversiones y Representaciones Sociedad Anónima Trading Down 1.0 %
The business has a 50 day moving average of $15.11 and a 200 day moving average of $11.97. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of -3.46 and a beta of 1.37. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.93 and a quick ratio of 0.93.
IRSA Inversiones y Representaciones Sociedad Anónima Increases Dividend
The business also recently declared a -- dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 29th were paid a $3.60 dividend. The ex-dividend date of this dividend was Friday, November 29th. This is a boost from IRSA Inversiones y Representaciones Sociedad Anónima's previous -- dividend of $1.02. IRSA Inversiones y Representaciones Sociedad Anónima's dividend payout ratio is -21.52%.
Institutional Investors Weigh In On IRSA Inversiones y Representaciones Sociedad Anónima
Several large investors have recently made changes to their positions in the stock. Mirabella Financial Services LLP bought a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the 3rd quarter valued at about $877,000. GAMMA Investing LLC grew its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 71.0% during the 3rd quarter. GAMMA Investing LLC now owns 3,418 shares of the financial services provider's stock worth $39,000 after purchasing an additional 1,419 shares in the last quarter. Systrade AG bought a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth $1,138,000. Sanctuary Advisors LLC bought a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the second quarter worth $473,000. Finally, Ping Capital Management Inc. acquired a new position in IRSA Inversiones y Representaciones Sociedad Anónima in the second quarter valued at about $289,000. Institutional investors own 45.46% of the company's stock.
IRSA Inversiones y Representaciones Sociedad Anónima Company Profile
(
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IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.
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