Adecoagro S.A. (AGRO) volume exceeds 0.87 million: A new investment opportunity for investors

Adecoagro S.A. (NYSE: AGRO) on Tuesday, soared 7.90% from the previous trading day ,before settling in for the closing price of $11.01. Within the past 52 weeks, AGRO’s price has moved between $7.89 and $12.51.

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The company achieved an average annual earnings per share of 33.10%. With a float of $106.01 million, this company’s outstanding shares have now reached $106.01 million.

Adecoagro S.A. (AGRO) Breakdown of a Key Holders of the stock

Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Adecoagro S.A. is 0.00%, while institutional ownership is 82.88%.

Adecoagro S.A. (AGRO) Recent Fiscal highlights

As on 12/30/2022, Multinational firm has announced its last quarter scores, in which it reported $0.16 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.2) by -$0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 33.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.60% during the next five years compared to 63.92% growth over the previous five years of trading.

Adecoagro S.A. (NYSE: AGRO) Trading Performance Indicators

Adecoagro S.A. (AGRO) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 5.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.36 and is forecasted to reach 1.54 in one year’s time.

Technical Analysis of Adecoagro S.A. (AGRO)

Compared to the last year’s volume of 0.5 million, its volume of 0.49 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 75.52%. Additionally, its Average True Range was 0.29.

During the past 100 days, Adecoagro S.A.’s (AGRO) raw stochastic average was set at 79.21%, which indicates a significant decrease from 95.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.52% in the past 14 days, which was lower than the 42.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.32, while its 200-day Moving Average is $10.67. Nevertheless, the first resistance level for the watch stands at $12.17 in the near term. At $12.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.97. If the price goes on to break the first support level at $11.37, it is likely to go to the next support level at $10.86. Now, if the price goes above the second support level, the third support stands at $10.57.

Adecoagro S.A. (NYSE: AGRO) Key Stats

Market capitalization of the company is 1.26 billion based on 106,147K outstanding shares. Right now, sales total 1,299 M and income totals 226,290 K. The company made 263,950 K in profit during its latest quarter, and 82,540 K in sales during its previous quarter.