Lavoro Limited (NASDAQ:LVRO - Get Free Report) rose 1.7% during trading on Tuesday . The company 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.
Analyst Ratings Changes
LVRO has been the topic of a number of research analyst reports. Barclays restated an "underweight" rating and set a $1.50 price target (down from $5.00) on shares of Lavoro in a research report on Wednesday, May 14th. Canaccord Genuity Group decreased their price objective on Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a research report on Tuesday, February 4th. Oppenheimer decreased their price objective on Lavoro from $6.00 to $5.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Finally, UBS Group set a $5.00 price objective on Lavoro in a research report on Tuesday, April 22nd.
Get Our Latest Stock Analysis on Lavoro
Lavoro Price Performance
The stock has a market capitalization of $297.36 million, a P/E ratio of -1.56 and a beta of 0.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.66 and a current ratio of 0.95. The stock has a 50-day simple moving average of $3.01 and a 200 day simple moving average of $4.05.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Lavoro stock. Citadel Advisors LLC purchased a new position in Lavoro Limited (NASDAQ:LVRO - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,069 shares of the company's stock, valued at approximately $48,000. Hedge funds and other institutional investors own 2.47% of the company's stock.
About Lavoro
(
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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