Prev Close | 4.83 |
Open | 4.86 |
Day Low/High | 4.45 / 4.87 |
52 Wk Low/High | 2.57 / 6.43 |
Volume | 146.24K |
Avg Volume | 83.10K |
Prev Close | 4.83 |
Open | 4.86 |
Day Low/High | 4.45 / 4.87 |
52 Wk Low/High | 2.57 / 6.43 |
Volume | 146.24K |
Avg Volume | 83.10K |
Exchange | NYSE |
Shares Outstanding | 57.87M |
Market Cap | 319.49M |
EPS | -11.70 |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
Shares of Cresud have been hammered by a big political shift in Argentina, which makes the farming name a value play not for the faint of heart.
The diversified farming and real estate giant saw its shares lose more than one-third of their value this week after a foreboding primary election outcome.
California's Limoneira and Argentina's Cresud aren't for investors who expect steady returns.
Some farming stocks that I wrote about recently have risen by as much a 54%.
The company looks like a value play if you can stand the volatility.
This fund, up 11% for the year, offers a bundle of small ADRs and yields a respectable dividend.
As its government pushes to nationalize industry, stocks lose their margin of safety.
In time, CRESY's income potential and asset appreciation will produce a bountiful harvest for investors.