Cresud Initiates Interest Payment for Series XLVII Notes

Cresud Sociedad ( (CRESY) ) has issued an announcement.

On May 15, 2025, Cresud Sociedad Anónima will commence the payment of the first installment of interest for its Series XLVII Fixed Rate Notes, which were issued on November 15, 2024. The payment, amounting to USD 2,236,064.88, will be made to noteholders registered by May 14, 2025, reflecting the company’s commitment to its financial obligations and potentially strengthening its position in the financial market.

Spark’s Take on CRESY Stock

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

Cresud Sociedad’s overall stock score reflects significant financial challenges, including negative profitability and liquidity issues, which are key concerns. While technical analysis indicates some longer-term support, short-term indicators are mixed. The high dividend yield offers some compensation for risk, but negative earnings make valuation difficult. Addressing financial inefficiencies is critical for improving the stock’s outlook.

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 in the agricultural sector. It focuses on commercial, real estate, financial, and agricultural activities, providing a diverse range of services and products within these industries.

Average Trading Volume: 234,214

Technical Sentiment Signal: Buy

Current Market Cap: $687.1M

For an in-depth examination of CRESY stock, go to TipRanks’ Stock Analysis page.