Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) Stock Price Up 0.4% – Here’s Why

Shares of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESW) traded up 0.4% during mid-day trading on Wednesday . The stock traded as high as $1.08 and last traded at $1.0840. 7,271 shares were traded during mid-day trading, a decline of 45% from the average session volume of 13,156 shares. The stock had previously closed at $1.08.

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

The firm has a 50-day moving average price of $1.22 and a two-hundred day moving average price of $0.98.

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

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a diversified Argentine company primarily engaged in agricultural production and land management. The company’s core activities include the cultivation of soybeans, corn, wheat and other grains, as well as cattle ranching operations. Cresud leverages modern agronomic practices, mechanization and crop rotation techniques to optimize yields across its extensive portfolio of owned and leased farmland.

In addition to its agropecuary business, Cresud maintains a significant real estate division that develops and manages commercial, residential and industrial properties.