Cresud Stock Gaps Up On Today's Open (CRESY)
NEW YORK (TheStreet) -- Shares of Cresud (Nasdaq:CRESY) were gapping up Monday morning with an open price 10.9% higher than Friday's closing price. The stock closed at $11.72 Friday and opened today's trading at $13. The average volume for Cresud has been 168,000 shares per day over the past 30 days. Cresud has a market cap of $639.6 million and is part of the consumer goods sector and food & beverage industry. Shares are up 4.4% year to date as of the close of trading on Friday. Cresud Sociedad Anonima Comercial Inmobiliaria Financiera Y Agropecuaria engages in the production of basic agricultural commodities in Brazil and other Latin American countries. The company has a P/E ratio of 13.2, below the average food & beverage industry P/E ratio of 41.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Cresud as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Cresud Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV