Lavoro Limited (NASDAQ:LVRO - Get Free Report) shares were up 8.9% on Thursday . The company traded as high as $4.64 and last traded at $4.64. Approximately 6,328 shares changed hands during trading, a decline of 69% from the average daily volume of 20,463 shares. The stock had previously closed at $4.26.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on LVRO shares. Canaccord Genuity Group reissued a "buy" rating and set a $8.50 price objective on shares of Lavoro in a research note on Friday, July 19th. Canaccord Genuity Group raised shares of Lavoro to a "strong-buy" rating in a research note on Friday, July 19th. One 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 company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $8.88.
Read Our Latest Research Report on Lavoro
Lavoro Price Performance
The stock has a market capitalization of $508.42 million, a PE ratio of -5.07 and a beta of 0.17. The company has a current ratio of 1.01, a quick ratio of 0.77 and a debt-to-equity ratio of 0.09. The company's 50 day simple moving average is $4.51 and its 200 day simple moving average is $5.23.
Lavoro Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Lavoro, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lavoro wasn't on the list.
While Lavoro currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
