Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Issues Quarterly Earnings Results

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) announced its quarterly earnings data on Monday. The company reported ($0.32) earnings per share for the quarter, Zacks reports. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative net margin of 7.06% and a negative return on equity of 2.46%.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Trading Down 0.4 %

Shares of NASDAQ:CRESY opened at $11.14 on Wednesday. The company’s 50-day moving average price is $12.92 and its two-hundred day moving average price is $10.45. 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 one year low of $6.56 and a one year high of $14.23. The stock has a market capitalization of $671.85 million, a PE ratio of -8.35 and a beta of 1.11.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 10th. Investors of record on Monday, December 2nd were paid a $0.6096 dividend. 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 is presently -44.70%.

Analyst Ratings Changes

Separately, StockNews.com downgraded Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria from a “hold” rating to a “sell” rating in a research report on Tuesday, November 12th.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Company Profile

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.