BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.72 and traded as high as $3.78. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $3.71, with a volume of 25,005 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

The stock has a market cap of $380.94 million, a price-to-earnings ratio of 7.13 and a beta of 0.82. The stock has a fifty day simple moving average of $3.72 and a 200-day simple moving average of $4.19. The company has a current ratio of 1.69, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a return on equity of 13.06% and a net margin of 21.88%.

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

Several hedge funds have recently made changes to their positions in the stock. Grace & White Inc. NY increased its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% during the fourth quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock valued at $2,950,000 after acquiring an additional 228,488 shares during the period. Northern Trust Corp acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth approximately $499,000. Citadel Advisors LLC increased its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 80.4% during the fourth quarter. Citadel Advisors LLC now owns 48,059 shares of the company’s stock valued at $173,000 after purchasing an additional 21,419 shares during the period. Quadrant Capital Group LLC raised its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 227.9% in the fourth quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company’s stock valued at $111,000 after purchasing an additional 21,435 shares in the last quarter. Finally, Ballentine Partners LLC bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth $89,000. Institutional investors own 1.15% of the company’s stock.

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 and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.