Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s share price traded up 5.2% on Monday . The company traded as high as $6.27 and last traded at $6.27. 810 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 19,122 shares. The stock had previously closed at $5.96.
Lavoro Stock Performance
The business's fifty day moving average price is $6.92 and its two-hundred day moving average price is $7.01. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.05. The stock has a market capitalization of $678.67 million, a P/E ratio of -5.94 and a beta of 0.12.
Lavoro (NASDAQ:LVRO - Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $626.10 million. As a group, sell-side analysts forecast that Lavoro Limited will post -0.32 earnings per share for the current year.
Institutional Investors Weigh In On Lavoro
Several large investors have recently added to or reduced their stakes in LVRO. Boothbay Fund Management LLC purchased a new stake in shares of Lavoro in the 1st quarter worth approximately $2,550,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Lavoro in the 1st quarter worth approximately $941,000. Sandia Investment Management LP bought a new position in shares of Lavoro during the 1st quarter worth approximately $11,201,000. JPMorgan Chase & Co. bought a new position in shares of Lavoro during the 1st quarter worth approximately $35,000. Finally, Citadel Advisors LLC bought a new position in shares of Lavoro during the 2nd quarter worth approximately $114,000. 2.47% of the stock is owned by hedge funds and other institutional investors.
Lavoro Company Profile
(
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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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