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An Analysis of Mission Produce Inc (AVO)’s Potential Price Growth

In a filing, Mission Produce Inc revealed its Affiliate Malvenia Company Inc. acquired Company’s shares for reported $0.76 million on Mar 20 ’25. In the deal valued at $10.13 per share,75,153 shares were bought.

Then, Wiesner Juan R sold 75,153 shares, generating $757,542 in total proceeds. Upon selling the shares at $10.08, the Pres Central and South America now owns 1,000,000 shares.

Before that, Gultas Business Inc. bought 75,153 shares. Mission Produce Inc shares valued at $753,033 were divested by the Affiliate at a price of $10.02 per share.

Lake Street initiated its Mission Produce Inc [AVO] rating to a Buy in a research note published on May 17, 2024; the price target was $15. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Citigroup also remained covering AVO and has decreased its forecast on March 23, 2021 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on March 11, 2021. It rated AVO as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of AVO

On Monday, Mission Produce Inc [NASDAQ:AVO] saw its stock jump 3.56% to $10.48. Over the last five days, the stock has gained 6.83%. Mission Produce Inc shares have fallen nearly -27.07% since the year began. Nevertheless, the stocks have fallen -10.66% over the past one year. While a 52-week high of $15.25 was reached on 01/02/25, a 52-week low of $9.54 was recorded on 03/11/25. SMA at 50 days reached $11.41, while 200 days put it at $11.78.

Levels Of Support And Resistance For AVO Stock

The 24-hour chart illustrates a support level at 10.08, which if violated will result in even more drops to 9.68. On the upside, there is a resistance level at 10.73. A further resistance level may holdings at 10.98. The Relative Strength Index (RSI) on the 14-day chart is 45.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.00%. Stochastics %K at 54.60% indicates the stock is a holding.

How much short interest is there in Mission Produce Inc?

A steep rise in short interest was recorded in Mission Produce Inc stocks on 2025-03-14, dropping by -0.16 million shares to a total of 1.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.62 million shares. There was a decline of -10.68%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 27, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $17 price target.

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