Cresud S.A.C.I.F. y A. (NASDAQ:CRESY - Get Free Report)'s stock had its "hold (c-)" rating reiterated by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
Separately, Wall Street Zen downgraded Cresud S.A.C.I.F. y A. from a "buy" rating to a "hold" rating in a report on Monday, September 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Cresud S.A.C.I.F. y A. presently has an average rating of "Hold".
Read Our Latest Analysis on CRESY
Cresud S.A.C.I.F. y A. Trading Up 1.3%
NASDAQ:CRESY traded up $0.12 on Wednesday, reaching $9.44. The company's stock had a trading volume of 322,534 shares, compared to its average volume of 337,170. Cresud S.A.C.I.F. y A. has a 12-month low of $8.39 and a 12-month high of $14.23. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 0.36. The firm has a market cap of $579.71 million, a price-to-earnings ratio of 8.21 and a beta of 1.01. The stock has a 50 day moving average price of $9.97 and a 200 day moving average price of $10.77.
Cresud S.A.C.I.F. y A. (NASDAQ:CRESY - Get Free Report) last posted its earnings results on Thursday, September 4th. The company reported $1.00 EPS for the quarter. Cresud S.A.C.I.F. y A. had a return on equity of 4.65% and a net margin of 10.57%.The company had revenue of $198.10 million for the quarter.
Hedge Funds Weigh In On Cresud S.A.C.I.F. y A.
A number of large investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in Cresud S.A.C.I.F. y A. during the second quarter worth $25,000. Ridgewood Investments LLC increased its position in Cresud S.A.C.I.F. y A. by 920.0% during the first quarter. Ridgewood Investments LLC now owns 5,100 shares of the company's stock worth $56,000 after buying an additional 4,600 shares in the last quarter. Bank of America Corp DE increased its position in Cresud S.A.C.I.F. y A. by 464.8% during the fourth quarter. Bank of America Corp DE now owns 8,116 shares of the company's stock worth $103,000 after buying an additional 6,679 shares in the last quarter. Deuterium Capital Management LLC purchased a new position in Cresud S.A.C.I.F. y A. during the first quarter worth $114,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Cresud S.A.C.I.F. y A. during the second quarter worth $124,000. 12.90% of the stock is owned by hedge funds and other institutional investors.
Cresud S.A.C.I.F. y A. Company Profile
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Get Free Report)
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.
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