BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Stock Price Passes Below 50-Day Moving Average of $4.85

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LNDGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.85 and traded as low as $4.82. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $4.91, with a volume of 24,076 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a report on Tuesday, March 19th.

View Our Latest Stock Analysis on BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Trading Down 0.2 %

The company has a market cap of $504.16 million, a PE ratio of 9.26 and a beta of 0.85. The stock’s 50 day moving average is $4.85 and its 200-day moving average is $5.10. The company has a quick ratio of 1.55, a current ratio of 2.34 and a debt-to-equity ratio of 0.27.

Institutional Investors Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

Hedge funds have recently bought and sold shares of the business. Morgan Stanley raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 79.1% during 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 in the last quarter. Jane Street Group LLC bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the second quarter valued at $154,000. Citadel Advisors LLC increased its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 75.4% during the fourth quarter. Citadel Advisors LLC now owns 27,283 shares of the company’s stock valued at $144,000 after acquiring an additional 11,725 shares during the last quarter. Creative Planning bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at $96,000. Finally, Bank of America Corp DE increased its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 96.6% during the fourth quarter. Bank of America Corp DE now owns 14,445 shares of the company’s stock valued at $82,000 after acquiring an additional 7,096 shares during the last quarter. Hedge funds and other institutional investors own 1.15% of the company’s stock.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

(Get Free Report)

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.

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