IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.87 and traded as high as $13.94. IRSA Inversiones y Representaciones Sociedad Anónima shares last traded at $13.38, with a volume of 286,487 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com raised IRSA Inversiones y Representaciones Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Monday, February 17th.
Read Our Latest Stock Report on IRS
IRSA Inversiones y Representaciones Sociedad Anónima Trading Up 2.4 %
IRSA Inversiones y Representaciones Sociedad Anónima (NYSE:IRS – Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. IRSA Inversiones y Representaciones Sociedad Anónima had a positive return on equity of 10.23% and a negative net margin of 79.08%.
Institutional Trading of IRSA Inversiones y Representaciones Sociedad Anónima
Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of IRSA Inversiones y Representaciones Sociedad Anónima by 37.7% in the fourth quarter. GAMMA Investing LLC now owns 4,706 shares of the financial services provider’s stock worth $70,000 after buying an additional 1,288 shares in the last quarter. Pictet Asset Management Holding SA acquired a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the 4th quarter valued at about $72,000. Jane Street Group LLC acquired a new stake in IRSA Inversiones y Representaciones Sociedad Anónima in the 4th quarter valued at about $154,000. XTX Topco Ltd purchased a new position in IRSA Inversiones y Representaciones Sociedad Anónima in the 4th quarter worth approximately $196,000. Finally, Quadrature Capital Ltd acquired a new position in shares of IRSA Inversiones y Representaciones Sociedad Anónima during the 3rd quarter worth approximately $199,000. 45.46% of the stock is owned by institutional investors and hedge funds.
IRSA Inversiones y Representaciones Sociedad Anónima Company Profile
IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.
Featured Stories
- Five stocks we like better than IRSA Inversiones y Representaciones Sociedad Anónima
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- What is an Earnings Surprise?
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- How to trade penny stocks: A step-by-step guide
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for IRSA Inversiones y Representaciones Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IRSA Inversiones y Representaciones Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.