Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Short Interest Update

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) saw a significant decline in short interest in September. As of September 30th, there was short interest totalling 540,800 shares, a decline of 11.8% from the September 15th total of 613,200 shares. Based on an average daily volume of 150,900 shares, the days-to-cover ratio is currently 3.6 days. Currently, 0.9% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 4.7 %

NASDAQ CRESY opened at $8.90 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 0.34. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a twelve month low of $6.56 and a twelve month high of $10.75. The firm has a market capitalization of $528.12 million, a PE ratio of 4.61 and a beta of 1.10. The stock’s 50 day moving average is $8.57 and its 200 day moving average is $8.71.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last released its quarterly earnings results on Thursday, September 5th. The company reported $1.00 earnings per share for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a return on equity of 3.90% and a net margin of 11.64%. The company had revenue of $294.43 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CRESY. B. Riley Wealth Advisors Inc. purchased a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the second quarter valued at $884,000. Herr Investment Group LLC purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter worth $821,000. Ping Capital Management Inc. purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the second quarter worth $773,000. Helikon Investments Ltd raised its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 13.6% in the first quarter. Helikon Investments Ltd now owns 637,624 shares of the company’s stock worth $5,694,000 after purchasing an additional 76,113 shares during the last quarter. Finally, Quadrature Capital Ltd raised its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 89.6% in the fourth 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 during the last quarter. Hedge funds and other institutional investors own 12.90% of the company’s stock.

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.