Bioceres Crop Solutions (NASDAQ:BIOX) Shares Gap Down to $12.35

Posted by Ed Jones on May 17th, 2024

Shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $12.35, but opened at $12.07. Bioceres Crop Solutions shares last traded at $11.75, with a volume of 6,314 shares.

Analysts Set New Price Targets

Separately, Roth Mkm upped their price target on Bioceres Crop Solutions from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, February 9th.

Check Out Our Latest Analysis on BIOX

Bioceres Crop Solutions Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average price of $12.50 and a 200-day moving average price of $12.69. The firm has a market capitalization of $722.83 million, a price-to-earnings ratio of 35.97 and a beta of 0.63.

Hedge Funds Weigh In On Bioceres Crop Solutions

Several hedge funds have recently made changes to their positions in BIOX. Activest Wealth Management acquired a new position in shares of Bioceres Crop Solutions in the 1st quarter valued at $30,000. Cape Investment Advisory Inc. purchased a new stake in Bioceres Crop Solutions in the fourth quarter valued at $33,000. Oppenheimer & Co. Inc. purchased a new stake in Bioceres Crop Solutions in the first quarter valued at $139,000. Lazard Asset Management LLC purchased a new stake in Bioceres Crop Solutions in the first quarter valued at $212,000. Finally, One Degree Advisors Inc purchased a new stake in Bioceres Crop Solutions in the fourth quarter valued at $291,000. 17.68% of the stock is owned by institutional investors and hedge funds.

Bioceres Crop Solutions Company Profile

(Get Free Report)

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.