IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS) Shares Cross Above Two Hundred Day Moving Average - Should You Sell?

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.67 and traded as high as $13.98. IRSA Inversiones y Representaciones Sociedad Anónima shares last traded at $13.48, with a volume of 116,942 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of IRSA Inversiones y Representaciones Sociedad Anónima from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance

The stock's fifty day moving average is $14.70 and its two-hundred day moving average is $13.69. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of -3.13 and a beta of 1.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.93 and a current ratio of 0.93.

IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.92 earnings per share for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a negative net margin of 79.08% and a positive return on equity of 10.23%.

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Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IRS. Brevan Howard Capital Management LP bought a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the 4th quarter valued at $7,783,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 115.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 792,710 shares of the financial services provider's stock valued at $11,835,000 after acquiring an additional 424,052 shares during the last quarter. Mirabella Financial Services LLP bought a new position in IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter valued at $877,000. JPMorgan Chase & Co. boosted its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 379.9% during the 4th quarter. JPMorgan Chase & Co. now owns 96,049 shares of the financial services provider's stock valued at $1,434,000 after acquiring an additional 76,035 shares during the last quarter. Finally, Bosun Asset Management LLC boosted its stake in IRSA Inversiones y Representaciones Sociedad Anónima by 59.0% during the 4th quarter. Bosun Asset Management LLC now owns 180,214 shares of the financial services provider's stock valued at $2,691,000 after acquiring an additional 66,890 shares during the last quarter. 45.46% of the stock is currently owned by institutional investors.

About IRSA Inversiones y Representaciones Sociedad Anónima

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.