Adecoagro S.A. (AGRO) kicked off at the price of $11.04: Venture capitalists have an exciting new opportunity

On Tuesday, Adecoagro S.A. (NYSE: AGRO) opened lower -2.90% from the last session, before settling in for the closing price of $11.37. Price fluctuations for AGRO have ranged from $8.72 to $12.51 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 12.03% over the last five years. Company’s average yearly earnings per share was noted 5.06% at the time writing. With a float of $104.14 million, this company’s outstanding shares have now reached $106.01 million.

The firm has a total of 9762 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.54%, operating margin of 14.38%, and the pretax margin is 16.73%.

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

A key investor’s attitude towards the stock of the Farm Products industry is another important factor to consider. The insider ownership of Adecoagro S.A. is 0.00%, while institutional ownership is 74.24%.

Adecoagro S.A. (AGRO) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 12/31/2022, the company posted 0.16 earnings per share (EPS) for the quarter, coming under the agreed prediction (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 5.06% per share during the next fiscal year.

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

Check out the current performance indicators for Adecoagro S.A. (AGRO). In the past quarter, the stock posted a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 6.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.02 and is forecasted to reach 1.30 in one year’s time.

Technical Analysis of Adecoagro S.A. (AGRO)

Analysing the last 5-days average volume posted by the [Adecoagro S.A., AGRO], we can find that recorded value of 1.02 million was better than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 77.42%. Additionally, its Average True Range was 0.35.

During the past 100 days, Adecoagro S.A.’s (AGRO) raw stochastic average was set at 71.83%, which indicates a significant decrease from 72.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.13% in the past 14 days, which was higher than the 35.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.73, while its 200-day Moving Average is $10.40. Now, the first resistance to watch is $11.25. This is followed by the second major resistance level at $11.46. The third major resistance level sits at $11.59. If the price goes on to break the first support level at $10.91, it is likely to go to the next support level at $10.78. Now, if the price goes above the second support level, the third support stands at $10.57.

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

There are currently 104,135K shares outstanding in the company with a market cap of 1.15 billion. Presently, the company’s annual sales total 1,299 M according to its annual income of 226,290 K. Last quarter, the company’s sales amounted to 411,420 K and its income totaled 9,530 K.