Lavoro (NASDAQ:LVRO) Trading Down 7% - Should You Sell?

Lavoro Limited (NASDAQ:LVRO - Get Free Report) traded down 7% during trading on Tuesday . The company traded as low as $4.61 and last traded at $4.61. 1,803 shares were traded during trading, a decline of 74% from the average session volume of 6,935 shares. The stock had previously closed at $4.95.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Canaccord Genuity Group dropped their price target on Lavoro from $6.25 to $5.50 and set a "buy" rating on the stock in a research report on Tuesday, February 4th. Barclays raised Lavoro from an "equal weight" rating to an "overweight" rating and dropped their price target for the company from $6.00 to $5.00 in a research report on Tuesday, January 21st.

Lavoro Price Performance

The business has a fifty day moving average of $4.47 and a 200-day moving average of $4.56. The firm has a market cap of $571.39 million, a PE ratio of -3.01 and a beta of 0.32. The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 0.13.

Lavoro (NASDAQ:LVRO - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.38). Lavoro had a negative return on equity of 57.56% and a negative net margin of 10.39%. As a group, research analysts predict that Lavoro Limited will post -1.84 earnings per share for the current year.

Institutional Trading of Lavoro

An institutional investor recently bought a new position in Lavoro stock. Citadel Advisors LLC purchased a new stake in Lavoro Limited (NASDAQ:LVRO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,069 shares of the company's stock, valued at approximately $48,000. Institutional investors and hedge funds own 2.47% of the company's stock.

Lavoro Company Profile

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.