Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $4.85, but opened at $5.14. Lavoro shares last traded at $5.14, with a volume of 900 shares traded.
Wall Street Analyst Weigh In
Separately, Oppenheimer decreased their price objective on Lavoro from $9.00 to $7.00 and set an "outperform" rating on the stock in a report on Monday, October 21st.
Check Out Our Latest Research Report on LVRO
Lavoro Price Performance
The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.70 and a current ratio of 0.98. The firm has a market cap of $593.54 million, a P/E ratio of -3.77 and a beta of 0.15. The company has a 50-day moving average of $4.31 and a 200 day moving average of $4.98.
Lavoro (NASDAQ:LVRO - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported ($0.68) earnings per share (EPS) for the quarter. Lavoro had a negative net margin of 8.16% and a negative return on equity of 38.92%. The business had revenue of $271.10 million during the quarter. On average, sell-side analysts anticipate that Lavoro Limited will post -1.32 EPS for the current year.
About Lavoro
(
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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.
Further Reading
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