Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) posted its earnings results on Thursday, May 8th. The company reported $1.18 earnings per share (EPS) for the quarter, Zacks reports. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 5.78% and a negative return on equity of 2.40%. The business had revenue of $189.16 million for the quarter.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock traded down $0.24 during midday trading on Thursday, hitting $11.33. The stock had a trading volume of 26,488 shares, compared to its average volume of 205,431. The firm's fifty day moving average is $11.04 and its two-hundred day moving average is $11.61. The company has a market capitalization of $685.46 million, a PE ratio of -10.49 and a beta of 1.11. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52-week low of $6.56 and a 52-week high of $14.23. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.30.
Institutional Investors Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
A hedge fund recently raised its stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock. Bank of America Corp DE raised its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Free Report) by 464.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,116 shares of the company's stock after buying an additional 6,679 shares during the quarter. Bank of America Corp DE's holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $103,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 12.90% of the company's stock.
About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
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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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