Adecoagro S.A’s recently made public that its Director Musetti Plinio acquired Company’s shares for reported $59587.0 on Jan 23 ’25. In the deal valued at $9.56 per share,6,233 shares were bought.
UBS initiated its Adecoagro S.A [AGRO] rating to a Neutral in a research note published on October 14, 2024; the price target was $12. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid September from “an Overweight” to “an Equal-weight”. JP Morgan also remained covering AGRO and has increased its forecast on July 01, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on December 08, 2023. It rated AGRO as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of AGRO
On Monday, Adecoagro S.A [NYSE:AGRO] saw its stock jump 0.18% to $11.41. Over the last five days, the stock has gained 1.60%. Adecoagro S.A shares have risen nearly 21.00% since the year began. Nevertheless, the stocks have risen 7.14% over the past one year. While a 52-week high of $12.07 was reached on 03/27/25, a 52-week low of $8.72 was recorded on 01/28/25. SMA at 50 days reached $10.80, while 200 days put it at $10.60.
Levels Of Support And Resistance For AGRO Stock
The 24-hour chart illustrates a support level at 11.32, which if violated will result in even more drops to 11.23. On the upside, there is a resistance level at 11.48. A further resistance level may holdings at 11.56. The Relative Strength Index (RSI) on the 14-day chart is 59.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.49%. Stochastics %K at 89.54% indicates the stock is a selling.
How much short interest is there in Adecoagro S.A?
A steep rise in short interest was recorded in Adecoagro S.A stocks on 2025-03-31, dropping by 81438.0 shares to a total of 0.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.04 million shares. There was a decline of -8.47%, which implies that there is a negative sentiment for the stock.
