Stock Rating Downgrade
In the last week the Value Trend Rating for Cresud Sociedad Anonima Comercia (NASDAQ: CRESY) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Cresud Sociedad Anonima Comercia (NASDAQ: CRESY) stock closed at $5.46 on 4/1/21 after a large increase of 4.6%. However, this advance was accompanied by unusually low trading volume at 64% of normal. The stock has risen 19.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CRESY is expected to continue to be a major Value Eraser.
CRESY has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CRESY has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 62, with the High Neutral Value Trend Rating the result.