Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 591,900 shares, a growth of 9.9% from the January 15th total of 538,500 shares. Currently, 1.0% of the company's shares are sold short. Based on an average daily volume of 269,200 shares, the days-to-cover ratio is currently 2.2 days.
Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock remained flat at $11.30 during trading on Friday. The stock had a trading volume of 184,742 shares, compared to its average volume of 192,644. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.85. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52-week low of $6.56 and a 52-week high of $14.23. The company has a fifty day moving average price of $12.76 and a 200-day moving average price of $10.53.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported ($0.32) EPS for the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.46% and a negative net margin of 7.06%.
The business also recently disclosed a dividend, which was paid on Tuesday, December 10th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.6096 per share. The ex-dividend date was Monday, December 2nd. This is a positive change from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's previous dividend of $0.38. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's dividend payout ratio (DPR) is presently -44.70%.
Separately, StockNews.com cut Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a "hold" rating to a "sell" rating in a research report on Tuesday, November 12th.
Read Our Latest Stock Report on CRESY
A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria during the 4th quarter valued at about $38,000. Meixler Investment Management Ltd. increased its stake 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 purchasing an additional 2,071 shares in the last quarter. Ping Capital Management Inc. increased its stake in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria by 26.3% in the 4th quarter. Ping Capital Management Inc. now owns 145,300 shares of the company's stock valued at $1,835,000 after purchasing an additional 30,300 shares in the last quarter. Crocodile Capital Partners GmbH purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at about $1,010,000. Finally, Systrade AG purchased a new position in shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria in the 4th quarter valued at about $1,848,000. Hedge funds and other institutional investors own 12.90% of the company's stock.
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.
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