SLC Agrícola (OTCMKTS:SLCJY) Stock Jumps 5.7% – What’s Next?

SLC Agrícola S.A. (OTCMKTS:SLCJY) was up 5.7% on Friday. The company traded as high as $3.55 and last traded at $3.55. 218 shares changed hands during trading, a decline of 99% from the average session volume of 31,641 shares. The stock had previously closed at $3.36.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded SLC Agrícola to a “hold” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

SLC Agrícola Stock Up 5.7%

The firm has a fifty day moving average price of $3.18 and a two-hundred day moving average price of $3.13.

About SLC Agrícola

SLC Agrícola SA is a Brazilian agribusiness company engaged in the production and commercialization of agricultural commodities. Its principal crops include soybeans, cotton and corn, which are cultivated on large-scale farms using mechanized production systems and agricultural technology.

Founded in 1977, the company is part of the SLC Group and has developed an integrated operating model covering land development, crop production, harvesting and the sale of agricultural products. SLC Agrícola also produces cotton fiber and related byproducts, as well as soybean and corn, serving domestic and international commodity markets.

The company operates agricultural properties in Brazil’s major farming regions, including states such as Mato Grosso, Bahia, Maranhão, Piauí, Goiás and Minas Gerais.