Cresud Sacif Y A traded at $11.34 this Friday October 2nd, decreasing $0.02 or 0.18 percent since the previous trading session. Looking back, over the last four weeks, Cresud Sacif Y A lost 4.22 percent. Over the last 12 months, its price rose by 20.00 percent. Looking ahead, we forecast Cresud Sacif Y A to be priced at 10.63 by the end of this quarter and at 8.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.