Bioceres Crop Solutions (NASDAQ:BIOX) Shares Gap Down to $12.35

Bioceres Crop Solutions Corp. (NASDAQ:BIOX - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $12.35, but opened at $12.07. Bioceres Crop Solutions shares last traded at $11.75, with a volume of 6,314 shares.

Analysts Set New Price Targets

Separately, Roth Mkm lifted their price objective on Bioceres Crop Solutions from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Friday, February 9th.

Bioceres Crop Solutions Trading Down 2.8 %

The firm's 50-day moving average price is $12.55 and its 200-day moving average price is $12.69. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.33. The company has a market cap of $753.60 million, a P/E ratio of 37.50 and a beta of 0.63.

Institutional Investors Weigh In On Bioceres Crop Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BIOX. Polar Capital Holdings Plc purchased a new position in shares of Bioceres Crop Solutions during the third quarter valued at approximately $2,112,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Bioceres Crop Solutions by 46.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,635 shares of the company's stock worth $1,876,000 after purchasing an additional 43,484 shares during the period. Fourth Sail Capital LP purchased a new stake in shares of Bioceres Crop Solutions in the fourth quarter worth $9,465,000. Ballast Asset Management LP bought a new stake in shares of Bioceres Crop Solutions during the 3rd quarter valued at $2,210,000. Finally, Raymond James & Associates boosted its holdings in Bioceres Crop Solutions by 4.9% in the 3rd quarter. Raymond James & Associates now owns 27,567 shares of the company's stock worth $311,000 after buying an additional 1,300 shares during the period. 17.68% of the stock is owned by hedge funds and other institutional investors.

Bioceres Crop Solutions Company Profile

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.