Bioceres Crop Solutions (NASDAQ:BIOX) Stock Price Down 2.7%

Bioceres Crop Solutions Corp. (NASDAQ:BIOX - Get Free Report)'s stock price was down 2.7% during trading on Monday . The company traded as low as $12.39 and last traded at $12.56. Approximately 21,666 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 57,343 shares. The stock had previously closed at $12.91.

Analyst Upgrades and Downgrades

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

Bioceres Crop Solutions Trading Down 4.3 %

The stock has a market cap of $775.54 million, a P/E ratio of 38.59 and a beta of 0.63. The firm's 50 day simple moving average is $12.57 and its two-hundred day simple moving average is $12.68. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.33.

Bioceres Crop Solutions (NASDAQ:BIOX - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. Bioceres Crop Solutions had a net margin of 4.36% and a return on equity of 5.96%. The business had revenue of $140.30 million during the quarter, compared to the consensus estimate of $108.97 million. During the same quarter in the prior year, the firm earned ($0.14) EPS. As a group, equities research analysts predict that Bioceres Crop Solutions Corp. will post 0.45 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bioceres Crop Solutions

Several large investors have recently added to or reduced their stakes in BIOX. Activest Wealth Management acquired a new stake in shares of Bioceres Crop Solutions in the 1st quarter worth about $30,000. Cape Investment Advisory Inc. bought a new position in Bioceres Crop Solutions in the 4th quarter worth about $33,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Bioceres Crop Solutions in the first quarter valued at approximately $139,000. One Degree Advisors Inc bought a new stake in shares of Bioceres Crop Solutions during the fourth quarter valued at approximately $291,000. Finally, Raymond James & Associates boosted its position in shares of Bioceres Crop Solutions by 4.9% during the third 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 institutional investors and hedge funds.

About Bioceres Crop Solutions

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.