Lavoro (NASDAQ:LVRO) Shares Up 3.6% - Time to Buy?

Lavoro Limited (NASDAQ:LVRO - Get Free Report)'s share price was up 3.6% during trading on Wednesday . The company traded as high as $4.37 and last traded at $4.35. Approximately 1,797 shares changed hands during trading, a decline of 78% from the average daily volume of 8,019 shares. The stock had previously closed at $4.20.

Analyst Ratings Changes

Separately, Oppenheimer cut their target price on shares of Lavoro from $9.00 to $7.00 and set an "outperform" rating for the company in a report on Monday, October 21st.

Lavoro Price Performance

The company has a current ratio of 0.98, a quick ratio of 0.70 and a debt-to-equity ratio of 0.11. The stock's 50-day moving average is $4.86 and its two-hundred day moving average is $4.80. The company has a market capitalization of $472.26 million, a PE ratio of -3.00 and a beta of 0.31.

Lavoro (NASDAQ:LVRO - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported ($0.68) 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, equities analysts predict that Lavoro Limited will post -1.32 EPS for the current year.

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.