Bioceres Crop Solutions Corp (NASDAQ: BIOX) is -8.22% lower on its value in year-to-date trading and has touched a low of $5.71 and a high of $14.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIOX stock was last observed hovering at around $6.67 in the last trading session, with the day’s loss setting it -1.09%.
Currently trading at $5.58, the stock is -17.96% and -16.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing -16.34% at the moment leaves the stock -37.77% off its SMA200. BIOX registered -55.75% loss for a year compared to 6-month loss of -44.81%. The firm has a 50-day simple moving average (SMA 50) of $6.6867 and a 200-day simple moving average (SMA200) of $8.998725.
The stock witnessed a -15.58% gain in the last 1 month and extending the period to 3 months gives it a -15.07%, and is -20.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.20% over the week and 5.79% over the month.
Bioceres Crop Solutions Corp (BIOX) has around 983 employees, a market worth around $349.93M and $441.27M in sales. Current P/E ratio is 404.35 and Fwd P/E is 12.49. Profit margin for the company is 0.33%. Distance from 52-week low is -2.28% and -60.28% from its 52-week high. The company has generated returns on investments over the last 12 months (0.32%).
with sales reaching $140M over the same period.The EPS is expected to grow by 136.68% this year, but quarterly earnings will post -5.20% year-over-year. Quarterly sales are estimated to shrink -0.21% in year-over-year returns.
62.0 institutions hold shares in Bioceres Crop Solutions Corp (BIOX), with institutional investors hold 42.63% of the company’s shares. The shares outstanding are 60.59M, and float is at 33.43M with Short Float at 1.75%. Institutions hold 22.68% of the Float.
The top institutional shareholder in the company is SOLEL PARTNERS LP with over 4.58 million shares valued at $51.33 million. The investor’s holdings represent 7.292 of the BIOX Shares outstanding. As of 2024-06-30, the second largest holder is FOURTH SAIL CAPITAL LP with 1.96 million shares valued at $21.99 million to account for 3.1239 of the shares outstanding. The other top investors are ARDSLEY ADVISORY PARTNERS LP which holds 1.73 million shares representing 2.7589 and valued at over $19.42 million, while POLAR CAPITAL HOLDINGS PLC holds 2.4394 of the shares totaling 1.53 million with a market value of $17.17 million.
