BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Stock Crosses Above 50-Day Moving Average of $5.21

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.21 and traded as high as $5.75. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $5.69, with a volume of 34,817 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a research note on Friday, September 8th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Up 0.5 %

The firm has a 50-day moving average price of $5.21 and a 200-day moving average price of $4.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.14 and a quick ratio of 1.45.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last released its quarterly earnings data on Wednesday, September 6th. The company reported $0.48 earnings per share for the quarter. The business had revenue of $127.61 million during the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a net margin of 19.94% and a return on equity of 13.01%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LND. BlackRock Inc. bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the first quarter valued at approximately $46,000. Raymond James & Associates purchased a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 2nd quarter worth $58,000. UBS Group AG bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the third quarter worth $63,000. Sentinus LLC purchased a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the first quarter valued at $67,000. Finally, Quadrant Capital Group LLC lifted its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 54.4% in the second quarter. Quadrant Capital Group LLC now owns 13,537 shares of the company’s stock valued at $70,000 after acquiring an additional 4,770 shares during the period.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.