IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) saw strong trading volume on Monday . 283,879 shares changed hands during mid-day trading, an increase of 75% from the previous session's volume of 162,541 shares.The stock last traded at $10.10 and had previously closed at $9.70.
Analyst Ratings Changes
Separately, StockNews.com cut IRSA Inversiones y Representaciones Sociedad Anónima from a "buy" rating to a "hold" rating in a research note on Thursday, February 15th.
View Our Latest Stock Report on IRSA Inversiones y Representaciones Sociedad Anónima
IRSA Inversiones y Representaciones Sociedad Anónima Stock Performance
The firm has a 50 day moving average of $8.46 and a two-hundred day moving average of $7.88. The stock has a market cap of $754.81 million, a PE ratio of 1.51 and a beta of 1.32. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.19 and a quick ratio of 1.19.
IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS - Get Free Report) last posted its earnings results on Monday, February 5th. The financial services provider reported $0.76 earnings per share for the quarter. The firm had revenue of $132.42 million during the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a return on equity of 25.70% and a net margin of 99.91%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV purchased a new stake in IRSA Inversiones y Representaciones Sociedad Anónima during the fourth quarter worth $98,000. Kopernik Global Investors LLC purchased a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at $249,000. Helikon Investments Ltd lifted its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 1.5% in the fourth quarter. Helikon Investments Ltd now owns 1,223,854 shares of the financial services provider's stock valued at $10,525,000 after acquiring an additional 17,541 shares in the last quarter. QRG Capital Management Inc. purchased a new stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima in the fourth quarter valued at $177,000. Finally, Jump Financial LLC lifted its position in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 65.9% in the fourth quarter. Jump Financial LLC now owns 22,900 shares of the financial services provider's stock valued at $197,000 after acquiring an additional 9,100 shares in the last quarter. Institutional investors and hedge funds own 45.46% of the company's stock.
About IRSA Inversiones y Representaciones Sociedad Anónima
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IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.
Further Reading
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