BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) passed above its 50 day moving average during trading on Thursday . The stock has a 50 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 changing hands.

Wall Street Analyst Weigh In

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Down 1.5 %

The firm has a market cap of $381.46 million, a price-to-earnings ratio of 7.14 and a beta of 0.82. The firm has a 50 day moving average of $3.72 and a 200 day moving average of $4.18. The company has a quick ratio of 0.80, a current ratio of 1.69 and a debt-to-equity ratio of 0.43.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its quarterly earnings data on Thursday, February 6th. The company reported ($0.03) 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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock valued at $56,000 after buying an additional 4,455 shares during the period. SBI Securities Co. Ltd. bought a new position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $71,000. Signaturefd LLC boosted its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 976.7% in the fourth quarter. Signaturefd LLC now owns 21,049 shares of the company’s stock worth $76,000 after acquiring an additional 19,094 shares in the last quarter. Virtu Financial LLC acquired a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter valued at approximately $87,000. Finally, Ballentine Partners LLC bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at approximately $89,000. 1.15% of the stock is owned by institutional investors.

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.