BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Shares Cross Above 50 Day Moving Average – Should You Sell?

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.76 and traded as high as $3.84. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $3.64, with a volume of 99,392 shares changing hands.

Wall Street Analyst Weigh In

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

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Trading Down 2.3 %

The company has a current ratio of 1.69, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $373.25 million, a P/E ratio of 6.99 and a beta of 0.59. The company has a 50-day moving average price of $3.76 and a 200 day moving average price of $3.96.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last issued its quarterly earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (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 have recently added to or reduced their stakes in the business. Grace & White Inc. NY lifted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 38.8% during the 4th quarter. Grace & White Inc. NY now owns 817,057 shares of the company’s stock valued at $2,950,000 after buying an additional 228,488 shares in the last quarter. Northern Trust Corp acquired a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter valued at approximately $499,000. Citadel Advisors LLC lifted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 80.4% in the fourth quarter. Citadel Advisors LLC now owns 48,059 shares of the company’s stock valued at $173,000 after acquiring an additional 21,419 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 227.9% in the fourth quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company’s stock valued at $111,000 after acquiring an additional 21,435 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas in the fourth quarter worth approximately $89,000. 1.15% of the stock is owned by hedge funds and other institutional investors.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.