BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3.88 and traded as low as $3.56. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas shares last traded at $3.62, with a volume of 57,716 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas from a "sell" rating to a "hold" rating in a research note on Tuesday, November 5th.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas Stock Up 1.7 %

The stock has a market capitalization of $378.90 million, a P/E ratio of 6.81 and a beta of 0.82. The stock has a 50 day moving average price of $3.88 and a 200-day moving average price of $4.38. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.30.

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $82.46 million for 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 holdings in shares of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND - Free Report) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,735 shares of the company's stock after acquiring an additional 8,235 shares during the quarter. Renaissance Technologies LLC owned approximately 0.07% of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas worth $335,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 1.15% of the company's stock.

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.