BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Share Price Crosses Below 50 Day Moving Average of $5.17

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $5.17 and traded as low as $5.11. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $5.11, with a volume of 168,674 shares traded.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in a research note on Thursday, August 17th. They issued a “sell” rating for the company.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Up 3.2 %

The stock has a 50-day simple moving average of $5.17 and a 200 day simple moving average of $4.97. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.12 and a current ratio of 2.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Grace & White Inc. NY raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 1.7% in the second quarter. Grace & White Inc. NY now owns 588,569 shares of the company’s stock valued at $3,049,000 after purchasing an additional 10,000 shares during the period. Renaissance Technologies LLC raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 98.7% in the second quarter. Renaissance Technologies LLC now owns 156,800 shares of the company’s stock valued at $743,000 after purchasing an additional 77,900 shares during the period. BlackRock Inc. raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 81.2% in the third quarter. BlackRock Inc. now owns 63,099 shares of the company’s stock valued at $353,000 after purchasing an additional 28,285 shares during the period. Morgan Stanley raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 79.1% in the fourth quarter. Morgan Stanley now owns 32,433 shares of the company’s stock valued at $185,000 after purchasing an additional 14,329 shares during the period. Finally, Jane Street Group LLC purchased a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the second quarter valued at approximately $154,000.

About BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, sesame, and cotton, as well as sugarcane; and production and sale of beef calves after weaning.