Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) Plans Dividend Increase – $0.61 Per Share

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

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria Price Performance

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock opened at $12.93 on Friday. Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has a 52-week low of $6.56 and a 52-week high of $13.18. The firm has a market capitalization of $773.99 million, a price-to-earnings ratio of -9.80 and a beta of 1.10. The company has a fifty day simple moving average of $9.87 and a 200-day simple moving average of $8.90. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.30.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) last issued its quarterly earnings results on Thursday, September 5th. The company reported $1.00 earnings per share (EPS) for the quarter. The business had revenue of $294.43 million for the quarter. 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%.

Analyst Upgrades and Downgrades

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

About Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria

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.