Shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.14 and traded as high as $11.25. Cresud S.A.C.I.F. y A. shares last traded at $11.08, with a volume of 110,748 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Cresud S.A.C.I.F. y A. from a "hold" rating to a "buy" rating in a report on Saturday, July 12th.
View Our Latest Stock Analysis on Cresud S.A.C.I.F. y A.
Cresud S.A.C.I.F. y A. Stock Performance
The company has a market capitalization of $679.19 million, a price-to-earnings ratio of 9.62 and a beta of 1.03. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 0.43. The stock's fifty day simple moving average is $10.97 and its 200-day simple moving average is $11.10.
Institutional Investors Weigh In On Cresud S.A.C.I.F. y A.
A number of hedge funds and other institutional investors have recently modified their holdings of CRESY. Raymond James Financial Inc. acquired a new stake in shares of Cresud S.A.C.I.F. y A. in the 2nd quarter valued at $25,000. Tower Research Capital LLC TRC acquired a new stake in shares of Cresud S.A.C.I.F. y A. in the 4th quarter valued at $38,000. Ridgewood Investments LLC raised its holdings in shares of Cresud S.A.C.I.F. y A. by 920.0% in the 1st quarter. Ridgewood Investments LLC now owns 5,100 shares of the company's stock valued at $56,000 after purchasing an additional 4,600 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Cresud S.A.C.I.F. y A. by 464.8% in the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company's stock valued at $103,000 after purchasing an additional 6,679 shares in the last quarter. Finally, Deuterium Capital Management LLC acquired a new stake in shares of Cresud S.A.C.I.F. y A. in the 1st quarter valued at $114,000. 12.90% of the stock is currently owned by institutional investors and hedge funds.
About Cresud S.A.C.I.F. y A.
(
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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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