Cresud ADR (NASDAQ: CRESY) is -13.94% lower on its value in year-to-date trading and has touched a low of $6.25 and a high of $14.23 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 $10.93 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $10.87, the stock is -5.61% and -4.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -0.55% at the moment leaves the stock -0.44% off its SMA200. CRESY registered 36.46% gain for a year compared to 6-month loss of -20.28%.
The stock witnessed a -8.11% gain in the last 1 month and extending the period to 3 months gives it a -0.28%, and is 0.74% 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 2.83% over the week and 2.49% over the month.
Current P/E ratio is 10.52. Profit margin for the company is 10.10%. Distance from 52-week low is 73.90% and -23.59% from its 52-week high. The company has generated returns on investments over the last 12 months (5.76%).
The shares outstanding are 61.41M, and float is at 61.37M with Short Float at 1.11%.
The top institutional shareholder in the company is MACQUARIE GROUP LTD with over 2.31 million shares valued at $19.03 million. The investor’s holdings represent 0.391 of the CRESY Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 0.1 million shares valued at $0.86 million to account for 0.176 of the shares outstanding. The other top investors are 683 CAPITAL MANAGEMENT, LLC which holds 0.84 million shares representing 0.1421 and valued at over $6.91 million, while HOSKING PARTNERS LLP holds 0.1401 of the shares totaling 0.83 million with a market value of $6.82 million.
