Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Shares Pass Above 200 Day Moving Average of $8.51

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.51 and traded as high as $9.47. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria shares last traded at $8.96, with a volume of 212,946 shares traded.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Performance

The company has a market cap of $531.68 million, a PE ratio of 2.52 and a beta of 1.17. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.89 and a current ratio of 1.18. The stock’s 50-day simple moving average is $8.49 and its 200 day simple moving average is $8.51.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last announced its quarterly earnings results on Thursday, February 8th. The company reported ($0.56) earnings per share (EPS) for the quarter. The company had revenue of $246.62 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a net margin of 24.32% and a return on equity of 8.22%.

Institutional Investors Weigh In On Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of large investors have recently added to or reduced their stakes in CRESY. Qube Research & Technologies Ltd acquired a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 3rd quarter valued at about $30,000. UBS Group AG boosted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 879.6% during the 3rd quarter. UBS Group AG now owns 5,613 shares of the company’s stock worth $31,000 after purchasing an additional 5,040 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 2nd quarter worth about $53,000. Private Advisor Group LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 1st quarter worth about $66,000. Finally, Jane Street Group LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 3rd quarter worth about $99,000. 12.90% of the stock is owned by institutional investors and hedge funds.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

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.