Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Share Price Passes Below 50 Day Moving Average - What's Next?

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.80 and traded as low as $3.70. Brasilagro Cia Brasileira De Propriedades Agricolas shares last traded at $3.72, with a volume of 11,158 shares.Analysts Set New Price TargetsSeparately, Wall Street Zen upgraded Brasilagro Cia Brasileira De Propriedades Agricolas from a "sell" rating to a "hold" rating in a research note on Monday, May 12th.View Our Latest Report on LNDBrasilagro Cia Brasileira De Propriedades Agricolas Trading Down 0.5%The company has a market cap of $381.97 million, a P/E ratio of 7.15 and a beta of 0.45. The company has a current ratio of 1.58, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average price of $3.80 and a 200-day moving average price of $3.78. Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades AgricolasA number of institutional investors and hedge funds have recently made changes to their positions in LND. EverSource Wealth Advisors LLC bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the 2nd quarter valued at $37,000. Evelyn Partners Investment Management LLP raised its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 750.8% in the 2nd quarter. Evelyn Partners Investment Management LLP now owns 18,624 shares of the company's stock valued at $71,000 after acquiring an additional 16,435 shares during the period. SBI Securities Co. Ltd. raised its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 66.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 36,799 shares of the company's stock valued at $141,000 after acquiring an additional 14,651 shares during the period. Citadel Advisors LLC raised its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 80.4% in the 4th quarter. Citadel Advisors LLC now owns 48,059 shares of the company's stock valued at $173,000 after acquiring an additional 21,419 shares during the period. Finally, Northern Trust Corp bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter valued at $499,000. Institutional investors own 1.15% of the company's stock. About Brasilagro Cia Brasileira De Propriedades Agricolas (Get Free Report)BrasilAgro - Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil and internationally. It operates through six segments: Real Estate, Grains, Sugarcane, livestock, Cotton, and Other.Further ReadingFive stocks we like better than Brasilagro Cia Brasileira De Propriedades AgricolasThere Are Different Types of Stock To Invest In3 Earnings Reports Give a Snapshot of Consumer SentimentLow PE Growth Stocks: Unlocking Investment OpportunitiesAmazon’s Bears Have Raised the White Flag—Get ExcitedStock Ratings and Recommendations: Understanding Analyst RatingsTempus AI’s Strong Q2 Fuels Growth Story—More Upside Ahead?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Brasilagro Cia Brasileira De Propriedades Agricolas Right Now?Before you consider Brasilagro Cia Brasileira De Propriedades Agricolas, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brasilagro Cia Brasileira De Propriedades Agricolas wasn't on the list.While Brasilagro Cia Brasileira De Propriedades Agricolas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here