Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Shares Pass Above 50 Day Moving Average – Time to Sell?

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.02 and traded as high as $4.20. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $4.1050, with a volume of 224,263 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on LND shares. Wall Street Zen raised shares of Brasilagro Cia Brasileira De Propriedades Agricolas to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 2.5%

The business’s fifty day moving average price is $4.02 and its two-hundred day moving average price is $3.82. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.72 and a current ratio of 1.61.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter valued at approximately $37,000. ERn Financial LLC bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 3rd quarter worth $50,000. Evelyn Partners Investment Management LLP grew its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% in the 2nd quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company’s stock valued at $71,000 after buying an additional 16,435 shares during the last quarter. SmartHarvest Portfolios LLC acquired a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter valued at $68,000. Finally, Banco BTG Pactual S.A. bought a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter worth $265,000. Institutional investors and hedge funds 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.