Lavoro (NASDAQ:LVRO) Shares Gap Down to $6.95

Shares of Lavoro Limited (NASDAQ:LVRO) gapped down prior to trading on Friday . The stock had previously closed at $6.95, but opened at $6.80. Lavoro shares last traded at $6.86, with a volume of 990 shares.

Lavoro Price Performance

The company has a 50 day moving average of $5.84. The company has a current ratio of 1.12, a quick ratio of 0.82 and a debt-to-equity ratio of 0.07.

Institutional Trading of Lavoro

Several large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in Lavoro during the first quarter valued at approximately $35,000. MYDA Advisors LLC bought a new position in shares of Lavoro in the first quarter worth approximately $86,000. Citadel Advisors LLC bought a new position in shares of Lavoro in the second quarter worth approximately $114,000. Summit Trail Advisors LLC bought a new position in shares of Lavoro in the second quarter worth approximately $119,000. Finally, Polar Asset Management Partners Inc. bought a new position in shares of Lavoro in the first quarter worth approximately $941,000. 2.82% of the stock is currently owned by institutional investors.

Lavoro Company Profile

Lavoro Limited operates as an agricultural inputs retailer. It sells agricultural inputs, including seeds, fertilizers and specialty products, crop protection products, and others for the agricultural industry. The company also produces specialty fertilizers, crop protection products, and biological crop inputs.