Company shares last traded at $64.49 significantly higher than the 50 day moving average of $58.57 and a great deal higher than the 200 day moving average of $53.29. The 50 day moving average was up by +10.11% whereas the 200 day moving average was up $11.20 or +21.01%. Trading was light with 162 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 95.65% under the normal average daily volume.
Traders are a little more bullish on IRSA Propiedades Comerciales S. of late at least if you consider the fall in short interest. The firm had a fall in short interest of -17.14% between September 15, 2017 and September 29, 2017. Short shares fell from 980 to 812 over that period. Days to cover decreased from 4.0 to 1.0 and the short interest percentage is 0.00% as of September 29.
Here are a few substantial investment firms who have updated their positions. As of quarter end Ubs Group Ag had sold 323 shares trimming its holdings by 99.7%. The value of the investment in IRCP decreased from $14,000 to $0 a change of 100.0% quarter to quarter. Price T Rowe Associates Inc /md/ bolstered its investment by buying 88,826 shares an increase of 439.6% from 03/31/2017 to 06/30/2017. Price T Rowe Associates Inc /md/ now holds 109,032 shares with a value of $6,156,000. The value of the position overall is up by 595.6%.
The most current P/E ratio is 10.76 and the market cap is 2.03B.
IRSA Propiedades Comerciales S.A., launched on August 29, 1889, is a commercial real estate company in Argentina. The Company is involved in the ownership, lease, management, development, operation and purchase of shopping centers and office buildings. The Company operates through four segments, including Shopping Centers, Offices and Others, Sales and Developments, and Financial Operations and Others..