BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Shares Gap Up to $4.67

Posted by Grant Hamersma on Jul 5th, 2024

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $4.67, but opened at $4.80. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $4.88, with a volume of 40,274 shares.

Analyst Ratings Changes

Separately, StockNews.com cut shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “hold” rating to a “sell” rating in a research note on Monday, May 13th.

Check Out Our Latest Analysis on LND

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Performance

The company has a current ratio of 1.99, a quick ratio of 1.10 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $4.83 and its 200 day moving average is $4.92. The stock has a market capitalization of $501.08 million, a PE ratio of 8.81 and a beta of 0.84.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The company reported ($0.06) EPS for the quarter. The company had revenue of $26.86 million for the quarter.

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

Several large investors have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC boosted its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 20.7% in the 4th quarter. Quadrant Capital Group LLC now owns 23,366 shares of the company’s stock valued at $123,000 after buying an additional 4,001 shares during the period. Glenorchy Capital Ltd bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at about $242,000. Finally, Windmill Hill Asset Management Ltd bought a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the 4th quarter valued at about $374,000. 1.15% of the stock is owned by hedge funds and other institutional investors.

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.