BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Sees Large Drop in Short Interest

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 83,300 shares, a drop of 18.2% from the November 15th total of 101,800 shares. Based on an average daily trading volume, of 58,000 shares, the short-interest ratio is currently 1.4 days.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Price Performance

Shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock traded down $0.02 during midday trading on Friday, reaching $3.83. The company had a trading volume of 43,307 shares, compared to its average volume of 45,112. The company has a current ratio of 2.01, a quick ratio of 1.30 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $393.26 million, a price-to-earnings ratio of 7.30 and a beta of 0.82. The stock has a fifty day simple moving average of $4.18 and a 200 day simple moving average of $4.55. BrasilAgro – Companhia Brasileira de Propriedades Agrícolas has a 1-year low of $3.79 and a 1-year high of $5.55.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share for the quarter. The company had revenue of $82.46 million during the quarter.

Institutional Trading of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas

An institutional investor recently raised its position in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas stock. Renaissance Technologies LLC lifted its stake in BrasilAgro – Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,735 shares of the company’s stock after purchasing an additional 8,235 shares during the period. Renaissance Technologies LLC owned 0.07% of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas worth $335,000 at the end of the most recent quarter. 1.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of BrasilAgro – Companhia Brasileira de Propriedades Agrícolas from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th.

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas Company Profile

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.