Cresud S.A.C.I.F. y A. (CRESY) Upgraded at BidaskClub
BidaskClub upgraded shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) from a sell rating to a hold rating in a report released on Wednesday.
Shares of CRESY opened at $12.17 on Wednesday. Cresud S.A.C.I.F. y A. has a 52 week low of $10.74 and a 52 week high of $22.78. The company has a quick ratio of 1.64, a current ratio of 1.73 and a debt-to-equity ratio of 0.02.
Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last announced its quarterly earnings data on Monday, November 12th. The company reported $1.33 EPS for the quarter. Cresud S.A.C.I.F. y A. had a net margin of 6.69% and a return on equity of 0.85%. The firm had revenue of $421.53 million for the quarter.
About Cresud S.A.C.I.F. y A.
Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of beef cattle for sale to meat processors and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; the leasing of farms to third parties; the disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities.
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