Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) Shares Up 17.2% – What’s Next?

Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) rose 17.2% on Tuesday . The stock traded as high as $1.53 and last traded at $1.5240. Approximately 26,958 shares changed hands during mid-day trading, an increase of 161% from the average daily volume of 10,310 shares. The stock had previously closed at $1.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Up 17.2%

The firm’s 50-day moving average price is $1.17 and its 200-day moving average price is $0.94.

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a diversified Argentine company primarily engaged in agricultural production and land management. The company’s core activities include the cultivation of soybeans, corn, wheat and other grains, as well as cattle ranching operations. Cresud leverages modern agronomic practices, mechanization and crop rotation techniques to optimize yields across its extensive portfolio of owned and leased farmland.

In addition to its agropecuary business, Cresud maintains a significant real estate division that develops and manages commercial, residential and industrial properties.