Lavoro Limited (NASDAQ:LVRO - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $4.25, but opened at $4.50. Lavoro shares last traded at $4.50, with a volume of 183 shares traded.
Analyst Ratings Changes
A number of research firms have commented on LVRO. Canaccord Genuity Group restated a "buy" rating and issued a $8.50 price target on shares of Lavoro in a research report on Friday, July 19th. Canaccord Genuity Group raised Lavoro to a "strong-buy" rating in a report on Friday, July 19th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Lavoro currently has an average rating of "Buy" and a consensus target price of $8.88.
Read Our Latest Stock Analysis on LVRO
Lavoro Price Performance
The company has a debt-to-equity ratio of 0.09, a current ratio of 1.01 and a quick ratio of 0.77. The firm has a market capitalization of $490.92 million, a P/E ratio of -5.13 and a beta of 0.17. The company's 50 day moving average price is $4.56 and its 200 day moving average price is $5.26.
Lavoro Company Profile
(
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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.
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