Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Share Price Crosses Above Two Hundred Day Moving Average of $8.51

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.51 and traded as high as $9.47. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria shares last traded at $8.96, with a volume of 212,946 shares traded.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 0.5 %

The company has a debt-to-equity ratio of 0.42, a current ratio of 1.18 and a quick ratio of 0.89. The stock has a market capitalization of $518.04 million, a PE ratio of 2.47 and a beta of 1.17. The stock’s 50 day simple moving average is $8.49 and its two-hundred day simple moving average is $8.53.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last released its earnings results on Thursday, February 8th. The company reported ($0.56) earnings per share for the quarter. The company had revenue of $246.62 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 24.32% and a return on equity of 8.22%.

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

A number of institutional investors have recently modified their holdings of the business. Kopernik Global Investors LLC purchased a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at approximately $7,384,000. Helikon Investments Ltd lifted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 13.2% during the 4th quarter. Helikon Investments Ltd now owns 561,511 shares of the company’s stock valued at $5,323,000 after buying an additional 65,300 shares in the last quarter. Glenorchy Capital Ltd purchased a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at approximately $1,770,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 14.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 173,405 shares of the company’s stock valued at $1,160,000 after buying an additional 22,354 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 42.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,852 shares of the company’s stock worth $1,601,000 after acquiring an additional 50,581 shares during the period. 12.90% of the stock is currently owned by hedge funds and other 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.