Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Stock Crosses Above Two Hundred Day Moving Average of $4.31

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.31 and traded as high as $5.94. Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria shares last traded at $5.61, with a volume of 207,101 shares trading hands.

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.50 and a current ratio of 0.60. The firm has a market cap of $288.86 million, a price-to-earnings ratio of -1.69 and a beta of 1.17. The company’s fifty day moving average is $5.01 and its two-hundred day moving average is $4.31.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its quarterly earnings data on Friday, March 12th. The company reported ($1.56) EPS for the quarter. Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 8.60% and a negative net margin of 14.72%. The firm had revenue of $117.63 million during the quarter.

An institutional investor recently raised its position in Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria stock. Steward Partners Investment Advisory LLC raised its stake in Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 700.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,000 shares of the company’s stock after purchasing an additional 7,000 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria were worth $38,000 as of its most recent SEC filing. 13.12% of the stock is currently owned by institutional investors and hedge funds.

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile (NASDAQ:CRESY)

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. It operates through Agricultural Business, and Urban Properties and Investment Business segments. The Agricultural Business segment is involved in the planting, harvesting, and sale of crops, such as wheat, corn, soybeans, cotton, and sunflower, as well as sugarcane; sale of grain derivatives, including flour and oil; breeding, purchasing, and fattening of cattle for sale to meat processors and local livestock auction markets; provision of agricultural services; leasing of farms to third parties; disposal and development of farmlands; and feedlot farming, as well as meat slaughtering and processing activities.

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