Stock Rating Downgrade
In recent days 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 $12.93 on 11/29/24 after a very large increase of 8.8%. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. The stock has risen 12.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Cresud Sociedad Anonima Comercia has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cresud Sociedad Anonima Comercia has a slightly positive Power Rating of 61 and a slightly positive Appreciation Score of 65, producing the High Neutral Value Trend Rating.
Be the first to comment