Lavoro Limited (NASDAQ:LVRO - Get Free Report) shares rose 1.7% during trading on Tuesday . The stock traded as high as $2.44 and last traded at $2.44. Approximately 2,596 shares were traded during trading, a decline of 68% from the average daily volume of 8,007 shares. The stock had previously closed at $2.40.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. Oppenheimer decreased their price objective on Lavoro from $6.00 to $5.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Canaccord Genuity Group decreased their price target on Lavoro from $6.25 to $5.50 and set a "buy" rating for the company in a report on Tuesday, February 4th. UBS Group set a $5.00 price objective on shares of Lavoro in a research report on Tuesday, April 22nd. Finally, Barclays upgraded shares of Lavoro from an "equal weight" rating to an "overweight" rating and cut their price objective for the stock from $6.00 to $5.00 in a research report on Tuesday, January 21st.
Check Out Our Latest Analysis on LVRO
Lavoro Trading Up 1.7%
The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $3.18 and a 200-day moving average price of $4.11. The firm has a market capitalization of $284.53 million, a PE ratio of -1.50 and a beta of 0.56.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Lavoro stock. Citadel Advisors LLC bought a new position in shares of Lavoro Limited (NASDAQ:LVRO - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 10,069 shares of the company's stock, valued at approximately $48,000. 2.47% of the stock is owned by institutional investors and hedge funds.
Lavoro Company Profile
(
Get Free Report)
Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.
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