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.
Morgan Stanley downgraded its Adecoagro S.A [AGRO] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “an Underperform”. UBS began covering AGRO with “Neutral” recommendation on October 14, 2024. Morgan Stanley revised its rating on September 17, 2024. It rated AGRO as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of AGRO
On Tuesday, Adecoagro S.A [NYSE:AGRO] saw its stock jump 1.82% to $8.95. Over the last five days, the stock has gained 3.23%. Adecoagro S.A shares have fallen nearly -5.09% since the year began. Nevertheless, the stocks have fallen -20.80% over the past one year. While a 52-week high of $12.07 was reached on 04/23/25, a 52-week low of $8.44 was recorded on 05/06/25. SMA at 50 days reached $10.52, while 200 days put it at $10.59.
Levels Of Support And Resistance For AGRO Stock
The 24-hour chart illustrates a support level at 8.70, which if violated will result in even more drops to 8.45. On the upside, there is a resistance level at 9.12. A further resistance level may holdings at 9.29. The Relative Strength Index (RSI) on the 14-day chart is 36.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.81%. Stochastics %K at 13.55% indicates the stock is a buying.
