BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Share Price Passes Above 50 Day Moving Average – Time to Sell?

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.75 and traded as high as $3.83. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas shares last traded at $3.74, with a volume of 50,402 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com raised 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 Trading Down 3.2 %

The company has a quick ratio of 1.30, a current ratio of 2.01 and a debt-to-equity ratio of 0.39. The company’s fifty day moving average is $3.75 and its two-hundred day moving average is $4.25.

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

Hedge Funds Weigh In On BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

Several hedge funds have recently added to or reduced their stakes in LND. Ballentine Partners LLC acquired a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the 4th quarter worth about $89,000. Glenorchy Capital Ltd grew its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 14.8% during the third quarter. Glenorchy Capital Ltd now owns 109,584 shares of the company’s stock valued at $514,000 after purchasing an additional 14,161 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 40.4% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,490 shares of the company’s stock valued at $56,000 after purchasing an additional 4,455 shares in the last quarter. Renaissance Technologies LLC raised its holdings in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas by 12.8% in the second quarter. Renaissance Technologies LLC now owns 72,735 shares of the company’s stock worth $335,000 after purchasing an additional 8,235 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas during the fourth quarter worth $71,000. Institutional investors and hedge funds own 1.15% of the company’s stock.

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.