Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Share Price Passes Below Fifty Day Moving Average - Here's Why

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.80 and traded as low as $3.73. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $3.76, with a volume of 26,312 shares trading hands.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a "sell" rating to a "hold" rating in a research report on Monday, May 12th.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 0.4%

The company has a debt-to-equity ratio of 0.41, a current ratio of 1.58 and a quick ratio of 0.77. The firm's 50 day moving average price is $3.81 and its 200-day moving average price is $3.78. The stock has a market cap of $386.59 million, a P/E ratio of 7.24 and a beta of 0.47.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

A number of hedge funds have recently bought and sold shares of LND. Northern Trust Corp purchased a new position in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter worth about $499,000. Virtu Financial LLC bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter valued at about $87,000. Quadrant Capital Group LLC boosted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 227.9% in the 4th quarter. Quadrant Capital Group LLC now owns 30,841 shares of the company's stock worth $111,000 after purchasing an additional 21,435 shares in the last quarter. Citadel Advisors LLC boosted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 80.4% in the 4th quarter. Citadel Advisors LLC now owns 48,059 shares of the company's stock worth $173,000 after purchasing an additional 21,419 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 976.7% during the 4th quarter. Signaturefd LLC now owns 21,049 shares of the company's stock valued at $76,000 after acquiring an additional 19,094 shares during the period. Hedge funds and other institutional investors own 1.15% of the company's stock.

Brasilagro Cia Brasileira De Propriedades Agricolas 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.