Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Shares Cross Above 50-Day Moving Average – Time to Sell?

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.06 and traded as high as $4.10. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.09, with a volume of 84,678 shares changing hands.

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research note on Friday, March 27th. Wall Street Zen upgraded Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a report on Saturday, February 14th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas presently has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 0.2%

The company has a current ratio of 1.61, a quick ratio of 0.72 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $4.06 and its 200-day simple moving average is $3.83.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the 2nd quarter valued at about $37,000. ERn Financial LLC purchased a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the third quarter worth approximately $50,000. Windmill Hill Asset Management Ltd raised its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in 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 purchased a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter worth approximately $68,000. Finally, Banco BTG Pactual S.A. acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth approximately $265,000. 1.15% of the stock is owned by institutional investors and hedge funds.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

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.