Cresud ADR (NASDAQ: CRESY) is -5.80% lower on its value in year-to-date trading and has touched a low of $4.75 and a high of $10.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRESY stock was last observed hovering at around $8.56 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $8.93, the stock is 9.34% and 5.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 4.32% at the moment leaves the stock 15.97% off its SMA200. CRESY registered 66.95% gain for a year compared to 6-month gain of 44.72%. The firm has a 50-day simple moving average (SMA 50) of $0.01 and a 200-day simple moving average (SMA200) of $0.01.
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The stock witnessed a 14.93% loss in the last 1 month and extending the period to 3 months gives it a -5.70%, and is 2.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 3.89% over the month.
Distance from 52-week low is 87.93% and -11.01% from its 52-week high.
Cresud ADR quarterly earnings per share for the current quarter are estimated at $0.
69 institutions hold shares in Cresud ADR (CRESY), with institutional investors hold 13.98% of the company’s shares. The shares outstanding are 60.52M, and float is at 60.49M with Short Float at 0.78%. Institutions hold 13.98% of the Float.
The top institutional shareholder in the company is Macquarie Group Limited with over 2.34 million shares valued at $18.12 million. The investor’s holdings represent 3.95% of the CRESY Shares outstanding. As of Jun 29, 2023, the second largest holder is 683 Capital Management LLC with 1.4 million shares valued at $10.82 million to account for 2.36% of the shares outstanding. The other top investors are Helikon Investments Ltd which holds 0.5 million shares representing 0.84% and valued at over $3.84 million, while Vr Advisory Services Ltd holds 0.69% of the shares totaling 0.41 million with a market value of $3.19 million.
