IRSA Propiedades Comerciales S.A. (NASDAQ:IRCP – Get Rating) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 1,000 shares, a drop of 33.3% from the March 15th total of 1,500 shares. Based on an average daily trading volume, of 47,500 shares, the short-interest ratio is currently 0.0 days.
Separately, StockNews.com started coverage on IRSA Propiedades Comerciales in a research note on Monday, April 11th. They set a “hold” rating for the company.
NASDAQ:IRCP opened at $2.60 on Friday. IRSA Propiedades Comerciales has a 52-week low of $1.90 and a 52-week high of $3.66. The stock has a fifty day moving average of $2.47 and a 200 day moving average of $2.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.89 and a quick ratio of 1.88.
IRSA Propiedades Comerciales Company Profile (Get Rating)
IRSA Propiedades Comerciales SA operates as an investment arm of IRSA Inversiones y Representaciones SA Alto Palermo SA engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. As of June 30, 2007, it owned and operated ten shopping centers covering a total of 264,995 square meters in Argentina, including six in the Buenos Aires metropolitan area and four in the provinces of Cordoba, Mendoza, Salta, and Santa Fe; and a condominium called Torres de Abasto located in front of the Abasto Shopping Center in Buenos Aires.
- Get a free copy of the StockNews.com research report on IRSA Propiedades Comerciales (IRCP)
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