Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $5.91, but opened at $6.05. Lavoro shares last traded at $5.95, with a volume of 1,908 shares changing hands.
Lavoro Trading Up 3.2 %
The company has a current ratio of 1.05, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07. The stock has a market cap of $711.32 million, a P/E ratio of -6.07 and a beta of 0.12. The firm's 50-day simple moving average is $6.88 and its 200 day simple moving average is $7.00.
Lavoro (NASDAQ:LVRO - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.10). Lavoro had a negative return on equity of 6.44% and a negative net margin of 5.99%. The firm had revenue of $618.96 million during the quarter, compared to the consensus estimate of $626.10 million. As a group, equities research analysts anticipate that Lavoro Limited will post -0.32 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of LVRO. Sandia Investment Management LP acquired a new stake in shares of Lavoro in the 1st quarter worth approximately $11,201,000. Boothbay Fund Management LLC acquired a new stake in shares of Lavoro in the 1st quarter worth approximately $2,550,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Lavoro in the 1st quarter worth approximately $941,000. Northern Trust Corp acquired a new stake in shares of Lavoro in the 4th quarter worth approximately $161,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Lavoro in the 2nd quarter worth approximately $114,000. 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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