BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Stock Passes Below Fifty Day Moving Average of $4.88

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.88 and traded as low as $4.61. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $4.63, with a volume of 33,916 shares trading hands.

Analysts Set New Price Targets

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Stock Down 1.5 %

The business’s 50 day moving average is $4.88 and its 200-day moving average is $4.94. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.99 and a quick ratio of 1.10. The company has a market cap of $475.42 million, a PE ratio of 8.87 and a beta of 0.85.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last issued its quarterly earnings results on Wednesday, May 8th. The company reported ($0.06) earnings per share (EPS) for the quarter. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas had a return on equity of 12.49% and a net margin of 19.69%. The firm had revenue of $26.86 million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 20.7% in the fourth quarter. Quadrant Capital Group LLC now owns 23,366 shares of the company’s stock worth $123,000 after acquiring an additional 4,001 shares during the last quarter. Glenorchy Capital Ltd acquired a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth approximately $242,000. Finally, Windmill Hill Asset Management Ltd acquired a new stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth approximately $374,000. Hedge funds and other 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.