Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Limoneira Co before investing.

In this article, we go over a few key elements for understanding Limoneira Co’s stock price such as:

• Limoneira Co’s current stock price and volume
• Why Limoneira Co’s stock price changed recently
• Upgrades and downgrades for LMNR from analysts
• LMNR’s stock price momentum as measured by its relative strength

About Limoneira Co (LMNR)

Before we jump into Limoneira Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Limoneira Company is primarily an agribusiness company. The Company's operations consist of fruit production, sales and marketing, rental operations, real estate, and capital investment activities. It operates in three business divisions: agribusiness, rental operations, and real estate development. The agribusiness division is comprised of four segments: fresh lemons, lemon packing, avocados, and other agribusiness, which includes oranges, specialty citrus and other crops. The agribusiness division includes its core operations of farming, harvesting, lemon packing and lemon sales operations. The rental operations division includes its residential and commercial rentals, leased land operations and organic recycling. The real estate development division includes its investments in real estate development projects. It markets and sells citrus directly to food service, wholesale, and retail customers throughout the United States, Canada, Asia, Australia, and other international markets.

Want to learn more about Limoneira Co’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Limoneira Co.

Limoneira Co’s Stock Price as of Market Close

As of May 02, 2024, 4:00 PM, CST, Limoneira Co’s stock price was $21.45.

Limoneira Co is up 6.88% from its previous closing price of $20.07.

During the last market session, Limoneira Co’s stock traded between $19.87 and $20.35. Currently, there are 17.63 million shares of Limoneira Co stock available for purchase.

Unfortunately, Limoneira Co’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Limoneira Co Stock Price History

Limoneira Co’s (LMNR) price is currently up 8.44% so far this month.

During the month of May, Limoneira Co’s stock price has reached a high of $21.49 and a low of $19.87.

Over the last year, Limoneira Co has hit prices as high as $21.62 and as low as $13.88. Year to date, Limoneira Co’s stock is up 75.68%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Limoneira Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 01, 2024, there were 2 analysts who downgraded Limoneira Co’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Limoneira Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Limoneira Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Limoneira Co’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Limoneira Co (LMNR) by visiting AAII Stock Evaluator.

Relative Price Strength of Limoneira Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 01, 2024, Limoneira Co has a weighted four-quarter relative price strength of 1.35%, which translates to a Momentum Score of 69 and is considered to be Strong.

Want to learn more about how Limoneira Co is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Limoneira Co Stock Price: Bottom Line

As of May 2, 2024, Limoneira Co’s stock price is $21.45, which is up 6.88% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Limoneira Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.