Let’s start up with the current stock price of Adecoagro S.A. (AGRO), which is $8.67 to be very precise. The Stock rose vividly during the last session to $8.70 after opening rate of $8.22 while the lowest price it went was recorded $8.22 before closing at $8.15.
Recently in News on March 11, 2021, Adecoagro´s Adjusted EBITDA in 2020 reached $341.9 million, 12.1% higher year-over-year, while net income tripled. Adecoagro S.A. (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K), a leading agroindustrial company in South America, announced today its results for the fourth quarter ended December 31, 2020. The financial information contained in this press release is based on audited condensed consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non – IFRS measures. Please refer to page 36 for a definition and reconciliation to IFRS of the Non – IFRS measures used in this report. You can read further details here
Adecoagro S.A. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.64 on 03/15/21, with the lowest value was $6.88 for the same time period, recorded on 01/04/21.
Adecoagro S.A. (AGRO) full year performance was 108.41%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Adecoagro S.A. shares are logging -10.06% during the 52-week period from high price, and 147.71% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.50 and $9.64.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 1209752 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Adecoagro S.A. (AGRO) recorded performance in the market was 27.50%, having the revenues showcasing 16.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.02B, as it employees total of 8237 workers.
The Analysts eye on Adecoagro S.A. (AGRO)
During the last month, 1 analysts gave the Adecoagro S.A. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.52, with a change in the price was noted +3.22. In a similar fashion, Adecoagro S.A. posted a movement of +59.08% for the period of last 100 days, recording 410,731 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AGRO is recording 1.26 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.05.
Technical rundown of Adecoagro S.A. (AGRO)
Raw Stochastic average of Adecoagro S.A. in the period of last 50 days is set at 54.14%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 82.67%. In the last 20 days, the company’s Stochastic %K was 52.13% and its Stochastic %D was recorded 40.43%.
Considering, the past performance of Adecoagro S.A., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 27.50%. Additionally, trading for the stock in the period of the last six months notably improved by 75.15%, alongside a boost of 108.41% for the period of the last 12 months. The shares increased approximately by 7.17% in the 7-day charts and went up by -3.24% in the period of the last 30 days. Common stock shares were driven by 16.53% during last recorded quarter.