Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Stock Passes Above 50 Day Moving Average – Here’s Why

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.02 and traded as high as $4.20. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.1050, with a volume of 224,263 shares.

Wall Street Analyst Weigh In

Several research analysts have commented on LND shares. Wall Street Zen upgraded shares of Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

The company has a quick ratio of 0.72, a current ratio of 1.61 and a debt-to-equity ratio of 0.43. The business has a fifty day moving average price of $4.02 and a two-hundred day moving average price of $3.82.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

A number of institutional investors have recently bought and sold shares of the company. Banco BTG Pactual S.A. acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter worth about $265,000. Windmill Hill Asset Management Ltd raised its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock valued at $508,000 after acquiring an additional 70,898 shares in the last quarter. SmartHarvest Portfolios LLC bought a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter valued at approximately $68,000. Evelyn Partners Investment Management LLP lifted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% in the second quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock valued at $71,000 after acquiring an additional 16,435 shares during the last quarter. Finally, ERn Financial LLC acquired a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter valued at approximately $50,000. Institutional investors and hedge funds own 1.15% of the company’s stock.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.