Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Trading 4.5% Higher – Still a Buy?

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) was up 4.5% during trading on Thursday . The company traded as high as $11.85 and last traded at $11.85. Approximately 52,895 shares changed hands during trading, a decline of 77% from the average daily volume of 225,590 shares. The stock had previously closed at $11.33.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Down 1.0 %

The firm’s 50 day moving average price is $11.42 and its two-hundred day moving average price is $11.13. The firm has a market capitalization of $689.39 million, a PE ratio of -10.58 and a beta of 1.11. The company has a quick ratio of 0.85, a current ratio of 1.09 and a debt-to-equity ratio of 0.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last announced its earnings results on Monday, February 10th. The company reported ($0.32) earnings per share for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 5.78% and a negative return on equity of 2.40%.

Institutional Trading of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

A number of hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC acquired a new position in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the fourth quarter worth about $38,000. GAMMA Investing LLC lifted its holdings in Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 238.3% during the 4th quarter. GAMMA Investing LLC now owns 6,452 shares of the company’s stock worth $81,000 after buying an additional 4,545 shares during the last quarter. Bank of America Corp DE grew its position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 464.8% in the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock worth $103,000 after acquiring an additional 6,679 shares in the last quarter. Meixler Investment Management Ltd. increased its holdings in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 4.3% in the 4th quarter. Meixler Investment Management Ltd. now owns 49,741 shares of the company’s stock valued at $628,000 after acquiring an additional 2,071 shares during the last quarter. Finally, Comprehensive Money Management Services LLC acquired a new stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at approximately $966,000. Institutional investors and hedge funds own 12.90% of the company’s stock.

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

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.