Irsa Inversiones y Rprsntcins (IRS) Hits New 12-Month Low at $13.76
Shares of Irsa Inversiones y Rprsntcins SA (NYSE:IRS) hit a new 52-week low during trading on Monday . The company traded as low as $13.76 and last traded at $13.80, with a volume of 85608 shares trading hands. The stock had previously closed at $13.85.
Separately, Morgan Stanley lowered Irsa Inversiones y Rprsntcins from an “equal weight” rating to an “underweight” rating in a research report on Thursday, October 11th.
The stock has a market cap of $796.38 million, a P/E ratio of 2.89 and a beta of 1.78. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.96 and a quick ratio of 0.96.
About Irsa Inversiones y Rprsntcins (NYSE:IRS)
IRSA Inversiones y Representaciones Sociedad Anónima engages in diversified real estate activities in Argentina. The company operates through six segments: Shopping Malls, Offices and Others, Sales and Developments, Hotels, International, and Financial Operations and Others. It is involved in the acquisition, development, and operation of shopping malls, and office buildings and other non-shopping center properties primarily for rental purposes.
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