BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.88 and traded as low as $3.56. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $3.62, with a volume of 57,716 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

The company has a current ratio of 2.01, a quick ratio of 1.30 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average of $3.87 and a 200-day moving average of $4.37. The firm has a market capitalization of $385.06 million, a P/E ratio of 6.81 and a beta of 0.82.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last announced its earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $82.46 million during the quarter.

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

A hedge fund recently raised its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Glenorchy Capital Ltd increased its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 14.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,584 shares of the company’s stock after buying an additional 14,161 shares during the period. Glenorchy Capital Ltd owned 0.11% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $514,000 as of its most recent filing with the Securities and Exchange Commission. 1.15% of the stock is owned by institutional investors and hedge funds.

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.