Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Share Price Crosses Above 200 Day Moving Average of $8.30

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.30 and traded as high as $8.63. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria shares last traded at $8.56, with a volume of 67,105 shares changing hands.

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

The firm has a market capitalization of $507.95 million, a price-to-earnings ratio of 2.41 and a beta of 1.15. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average price of $8.46 and a 200 day moving average price of $8.30.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Kopernik Global Investors LLC acquired a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at $7,384,000. Helikon Investments Ltd grew its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 13.2% in the 4th quarter. Helikon Investments Ltd now owns 561,511 shares of the company’s stock valued at $5,323,000 after acquiring an additional 65,300 shares in the last quarter. Glenorchy Capital Ltd bought a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at about $1,770,000. Arrowstreet Capital Limited Partnership grew its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 14.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 173,405 shares of the company’s stock worth $1,160,000 after purchasing an additional 22,354 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 42.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,852 shares of the company’s stock worth $1,601,000 after purchasing an additional 50,581 shares during the period. Institutional investors own 12.90% of the company’s stock.

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.