Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) traded down 2% during mid-day trading on Wednesday . The company traded as low as $14.44 and last traded at $14.68, with a volume of 109,365 shares. The stock had previously closed at $14.98.

The company’s market capitalization is $730.40 million. The stock has a 50 day moving average price of $12.95 and a 200-day moving average price of $11.39.

A hedge fund recently raised its stake in Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria stock. Wells Fargo & Company MN increased its stake in shares of Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 3.0% during the fourth quarter, Holdings Channel reports. The firm owned 95,182 shares of the company’s stock after buying an additional 2,772 shares during the period. Wells Fargo & Company MN owned approximately 0.19% of Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,228,000 at the end of the most recent reporting period.

Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (Cresud) is engaged in the production of basic agricultural commodities with a presence in the agricultural sector of Brazil, through its investment in BrasilAgro-Companhia Brasileira de Propriedades Agricolas, as well as in other Latin American countries.

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