Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Cresud shares crossed above their 200‑day moving average of $11.57, trading as high as $12.52 and last at $12.05 on volume of 192,799, a potentially bullish technical signal.
• Analyst coverage is mixed: Wall Street Zen upgraded the stock to a "Buy" while Weiss Ratings and the consensus remain at "Hold", leaving the average rating at "Hold".
• The company shows attractive valuation and solid recent results—market cap ~$761M, P/E 4.07, quarterly EPS $0.35, revenue $211.85M and net margin 23.88%—with modest institutional ownership (~12.9%) and recent increases by several funds.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.57 and traded as high as $12.52. Cresud S.A.C.I.F. y A. shares last traded at $12.05, with a volume of 192,799 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wall Street Zen raised Cresud S.A.C.I.F. y A. from a "hold" rating to a "buy" rating in a research report on Saturday, January 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cresud S.A.C.I.F. y A. in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of "Hold".

Cresud S.A.C.I.F. y A. Price Performance

The firm has a 50-day simple moving average of $12.00 and a two-hundred day simple moving average of $11.57. The company has a market capitalization of $761.32 million, a price-to-earnings ratio of 4.07 and a beta of 0.89. The company has a current ratio of 1.43, a quick ratio of 1.07 and a debt-to-equity ratio of 0.52.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.35 earnings per share for the quarter. Cresud S.A.C.I.F. y A. had a return on equity of 10.34% and a net margin of 23.88%.The company had revenue of $211.85 million for the quarter.

Institutional Investors Weigh In On Cresud S.A.C.I.F. y A.

A number of institutional investors have recently modified their holdings of the business. Kopernik Global Investors LLC grew its position in shares of Cresud S.A.C.I.F. y A. by 13.9% during the 4th quarter. Kopernik Global Investors LLC now owns 4,246,881 shares of the company's stock valued at $53,638,000 after acquiring an additional 519,091 shares during the period. GMT Capital Corp grew its position in shares of Cresud S.A.C.I.F. y A. by 52.9% during the 2nd quarter. GMT Capital Corp now owns 1,569,608 shares of the company's stock valued at $16,889,000 after acquiring an additional 543,213 shares during the period. Systrade AG grew its position in shares of Cresud S.A.C.I.F. y A. by 190.5% during the 4th quarter. Systrade AG now owns 1,064,993 shares of the company's stock valued at $13,451,000 after acquiring an additional 698,341 shares during the period. 683 Capital Management LLC grew its position in shares of Cresud S.A.C.I.F. y A. by 7.1% during the 2nd quarter. 683 Capital Management LLC now owns 889,000 shares of the company's stock valued at $9,566,000 after acquiring an additional 59,000 shares during the period. Finally, VR Advisory Services Ltd grew its position in shares of Cresud S.A.C.I.F. y A. by 113.0% during the 3rd quarter. VR Advisory Services Ltd now owns 886,474 shares of the company's stock valued at $8,156,000 after acquiring an additional 470,365 shares during the period. 12.90% of the stock is currently owned by institutional investors and hedge funds.

Cresud S.A.C.I.F. y A. Company Profile

Cresud SAC.I.F. y A. NASDAQ: CRESY is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.

In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration.

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