Cresud Initiates First Installment Payment on Series XL Notes

The latest announcement is out from Cresud Sociedad ( (CRESY) ).

Cresud S.A.C.I.F. and A. announced that it will commence the payment of the first installment of capital on its Series XL Fixed Rate Notes on December 22, 2025. The notes, issued on December 21, 2022, have an outstanding capital of USD 38,210,127, with the first installment amounting to USD 12,609,341.91. This payment marks a significant financial event for the company, reflecting its commitment to fulfilling its financial obligations and potentially impacting its financial stability and investor relations.

The most recent analyst rating on (CRESY) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Cresud Sociedad stock, see the CRESY Stock Forecast page.

Spark’s Take on CRESY Stock

According to Spark, TipRanks’ AI Analyst, CRESY is a Neutral.

Cresud Sociedad’s stock is supported by a strong valuation with a low P/E ratio and high dividend yield, making it attractive for value and income investors. The technical analysis indicates a strong upward trend, although the high RSI suggests caution due to potential overbought conditions. Financial performance is moderate, with stable profitability but concerns over high leverage and weak cash flow.

To see Spark’s full report on CRESY stock, click here.

More about Cresud Sociedad

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a company based in Argentina, operating primarily in the agricultural sector. It is involved in commercial, real estate, financial, and agricultural activities, focusing on the production and management of agricultural commodities.

Average Trading Volume: 291,105

Technical Sentiment Signal: Strong Buy

Current Market Cap: $790.2M

For detailed information about CRESY stock, go to TipRanks’ Stock Analysis page.