Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) to Issue Dividend of $0.61 on December 10th

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) announced a dividend on Wednesday, November 20th,NASDAQ Dividends reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.6096 per share on Tuesday, December 10th. The ex-dividend date is Monday, December 2nd. This is an increase from Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria’s previous dividend of $0.38.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Stock Up 8.8 %

CRESY stock opened at $12.93 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.09 and a quick ratio of 0.81. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 12 month low of $6.56 and a 12 month high of $13.18. The firm has a market capitalization of $773.99 million, a PE ratio of -9.80 and a beta of 1.10. The company’s 50 day simple moving average is $9.87 and its 200-day simple moving average is $8.90.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last posted its quarterly earnings data on Thursday, September 5th. The company reported $1.00 EPS for the quarter. The firm had revenue of $294.43 million during the quarter. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria had a negative return on equity of 2.46% and a negative net margin of 7.06%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of 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.