Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Downgraded by StockNews.com to “Sell”

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday.

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

CRESY traded down $0.05 on Thursday, hitting $7.64. 211,049 shares of the company were exchanged, compared to its average volume of 182,307. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a fifty-two week low of $6.16 and a fifty-two week high of $10.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.80 and a current ratio of 1.08. The firm has a market capitalization of $453.36 million, a P/E ratio of 3.96 and a beta of 1.18. The business’s fifty day moving average is $8.52 and its 200 day moving average is $8.77.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last announced its quarterly earnings results on Friday, May 10th. The company reported ($1.05) EPS for the quarter. The firm had revenue of $168.31 million for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a return on equity of 4.79% and a net margin of 13.46%.

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 the business. Glenorchy Capital Ltd purchased a new stake in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at approximately $1,770,000. Meixler Investment Management Ltd. purchased a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $173,000. Kopernik Global Investors LLC purchased a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter valued at $7,384,000. Jump Financial LLC boosted its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 237.1% during the fourth quarter. Jump Financial LLC now owns 55,620 shares of the company’s stock valued at $527,000 after acquiring an additional 39,120 shares during the last quarter. Finally, Quadrature Capital Ltd increased its position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 89.6% during the 4th quarter. Quadrature Capital Ltd now owns 107,750 shares of the company’s stock worth $1,020,000 after purchasing an additional 50,923 shares in the last quarter. 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.