Alert: Rating Downgrade (4/1/21)-Cresud Sociedad Anonima Comercia (NASDAQ: CRESY).


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.

About John Lafferty 92875 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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