The stock of Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) is a huge mover today! The stock increased 3.28% or $0.53 on November 25, hitting $16.69. About 108,397 shares traded hands. Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) has risen 47.99% since April 22, 2016 and is uptrending. It has outperformed by 42.58% the S&P500.
The move comes after 8 months positive chart setup for the $930.07M company. It was reported on Nov, 25 by Barchart.com. We have $17.52 PT which if reached, will make NASDAQ:CRESY worth $46.50 million more.
Analysts await Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) to report earnings on February, 9.
According to Zacks Investment Research, “CRESUD SA-ADR is involved in the Agriculture Industry. They are based in Argentine and they produce basic agricultural products. Products such as beef, milk or crops.”
More news for Cresud S.A.C.I.F. y A. (ADR) (NASDAQ:CRESY) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on December 21, 2009. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.
CRESY Company Profile
Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria, incorporated on February 19, 1937, is an agricultural firm engaged in the production of basic agricultural commodities with presence in the agricultural sector of Brazil, through its investment in Brasilagro, as well as in other Latin American countries. The Firm is involved in various farming activities, including grains and sugarcane production, beef cattle raising and milk production. In addition, it leases lands to third parties and perform agency and agro-industrial services, including a meat packing plant. It is also directly engaged in the Argentine real estate business through its subsidiary Inversiones y Representaciones Sociedad Anonima (IRSA), a real estate company. IRSA is engaged in the development, acquisition and operation of shopping centers, offices and hotels in Argentina, as well as the development of residential properties. It operates in two businesses areas, namely, Agricultural and Investment and Development Properties. The Company’s crop production is mainly based on grains and oilseeds, and sugarcane.
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