Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) shares hit a new 52-week high on Monday . The stock traded as high as $16.90 and last traded at $16.82, with a volume of 289,742 shares trading hands. The stock had previously closed at $16.06.

The company has a 50 day moving average price of $13.84 and a 200-day moving average price of $11.54. The stock’s market capitalization is $843.19 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 Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 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.

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