Shares of Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) shot up 2.7% on Thursday . The stock traded as high as $15.66 and last traded at $15.48, with a volume of 215,515 shares changing hands. The stock had previously closed at $15.08.

The firm’s 50 day moving average is $13.84 and its 200-day moving average is $11.54. The stock’s market capitalization is $797.97 million.

A hedge fund recently raised its stake in Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria stock. Wells Fargo & Company MN boosted its position in shares of Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 3.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,182 shares of the company’s stock after buying an additional 2,772 shares during the period. Wells Fargo & Company MN owned about 0.19% of Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria worth $1,228,000 as of its most recent SEC filing.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.