Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.87 and traded as high as $4.21. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.18, with a volume of 37,100 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on LND shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Monday, December 29th. Wall Street Zen raised Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a report on Saturday, February 14th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Up 2.5%

The company has a fifty day simple moving average of $3.87 and a two-hundred day simple moving average of $3.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.61 and a quick ratio of 0.72.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several institutional investors and hedge funds have recently modified their holdings of the business. Banco BTG Pactual S.A. acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth approximately $265,000. SmartHarvest Portfolios LLC purchased a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth $68,000. Windmill Hill Asset Management Ltd increased its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after buying an additional 70,898 shares in the last quarter. ERn Financial LLC acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the third quarter worth $50,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the second quarter valued at $37,000. Hedge funds and other institutional investors own 1.15% of the company’s stock.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.