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

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

• Lavoro Ltd’s current stock price and volume
• Why Lavoro Ltd’s stock price changed recently
• Upgrades and downgrades for LVRO from analysts
• LVRO’s stock price momentum as measured by its relative strength

About Lavoro Ltd (LVRO)

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

Lavoro Limited is a Brazil-based agricultural input retailer and a provider of agriculture biologics inputs. The Company has three reportable segments: the Brazil Cluster, which comprises companies dedicated to the distribution of agricultural inputs such as crop protection, seeds, fertilizers and specialty products, in Brazil; the LATAM Cluster, which includes companies dedicated to the distribution ofagricultural inputs outside Brazil primarily in Colombia; as well as the Crop Care Cluster, which includes companies that produce and import Lavoro's own portfolio of private label products including off-patent crop protection and specialty products, e.g., biologicals and specialty fertilizers. The main crops served are: soy, corn, cotton, coffee, beans, rice, sugar cane, wheat, citrus and pastures. The Company has a broad geographical presence, operating in Brazil, Colombia, and Uruguay.

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Lavoro Ltd’s Stock Price as of Market Close

As of May 06, 2024, 3:59 PM, CST, Lavoro Ltd’s stock price was $5.67.

Lavoro Ltd is down 5.5% from its previous closing price of $6.00.

During the last market session, Lavoro Ltd’s stock traded between $0.00 and $0.00. Currently, there are 115.47 million shares of Lavoro Ltd stock available for purchase.

Unfortunately, Lavoro Ltd’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.

Lavoro Ltd Stock Price History

Lavoro Ltd’s (LVRO) price is currently up 1.25% so far this month.

During the month of May, Lavoro Ltd’s stock price has reached a high of $6.00 and a low of $0.00.

Over the last year, Lavoro Ltd has hit prices as high as $9.00 and as low as $4.72. Year to date, Lavoro Ltd’s stock is down 43.47%.

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What Caused Lavoro Ltd Stock’s Price to Dip?

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?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of May 03, 2024,, no analysts have changed their rating of Lavoro Ltd’s stock over the last month.

Additionally, you'll want to evaluate Lavoro Ltd’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 Lavoro Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Lavoro Ltd’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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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 Lavoro Ltd (LVRO) by visiting AAII Stock Evaluator.

Relative Price Strength of Lavoro Ltd

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 03, 2024, Lavoro Ltd has a weighted four-quarter relative price strength of -8.44%, which translates to a Momentum Score of 33 and is considered to be Weak.

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Lavoro Ltd Stock Price: Bottom Line

As of May 6, 2024, Lavoro Ltd’s stock price is $5.67, which is down 5.5% 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 Lavoro Ltd 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.