Cresud ADR [NASDAQ: CRESY] closed the trading session at $13.15.
The stocks have a year to date performance of 4.12 percent and weekly performance of 4.12 percent. The stock has been moved at 66.88 percent over the last six months. The stock has performed -2.01 percent around the most recent 30 days and changed 52.66 percent over the most recent 3-months.
If compared to the average trading volume of 262.49K shares, CRESY reached to a volume of 257201 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Cresud ADR [CRESY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRESY shares is $15.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRESY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
HSBC Securities have made an estimate for Cresud ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 24, 2008. While these analysts kept the previous recommendation, HSBC Securities raised their target price to Neutral. The new note on the price target was released on July 19, 2007, representing the official price target for Cresud ADR stock. Previously, the target price had yet another raise to $22.30, while UBS analysts kept a Reduce rating on CRESY stock.
The Average True Range (ATR) for Cresud ADR is set at 0.69, with the Price to Sales ratio for CRESY stock in the period of the last 12 months amounting to 0.85. The Price to Book ratio for the last quarter was 0.90, with the Price to Cash per share for the same quarter was set at 4.99.
CRESY stock trade performance evaluation
Cresud ADR [CRESY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.12. With this latest performance, CRESY shares dropped by -2.01% in over the last four-week period, additionally plugging by 66.88% over the last 6 months – not to mention a rise of 59.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRESY stock in for the last two-week period is set at 56.47, with the RSI for the last a single of trading hit 52.82, and the three-weeks RSI is set at 57.24 for Cresud ADR [CRESY]. The present Moving Average for the last 50 days of trading for this stock 11.93, while it was recorded at 13.40 for the last single week of trading, and 9.53 for the last 200 days.
Cresud ADR [CRESY]: An insightful look at the core fundamentals
Cresud ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.85 and a Current Ratio set at 1.09.
Cresud ADR [CRESY]: Institutional Ownership
The top three institutional holders of CRESY stocks are: MACQUARIE GROUP LTD with ownership of 2.31 million shares, which is approximately 3.9944%. 683 CAPITAL MANAGEMENT, LLC, holding 0.84 million shares of the stock with an approximate value of $$6.91 million in CRESY stocks shares; and 683 CAPITAL MANAGEMENT, LLC, currently with $$6.82 million in CRESY stock with ownership which is approximately 1.4315%.
