Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Stock Rating Lowered by BidaskClub
Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday, BidAskClub reports.
NASDAQ CRESY opened at $6.22 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $9.62 and a 200 day simple moving average of $10.77. Cresud S.A.C.I.F. y A. has a 1 year low of $5.75 and a 1 year high of $15.62.
Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last posted its quarterly earnings data on Wednesday, June 5th. The company reported ($1.14) earnings per share (EPS) for the quarter. The company had revenue of $497.22 million for the quarter.
About Cresud S.A.C.I.F. y A.
Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of cattle for sale to slaughterhouses and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; the leasing of farms to third parties; the disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities.
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