Bioceres Crop Solutions Corp (NASDAQ: BIOX) is -18.09% lower on its value in year-to-date trading and has touched a low of $3.68 and a high of $13.50 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 $4.40 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $4.98, the stock is 5.26% and -15.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 13.18% at the moment leaves the stock -39.68% off its SMA200. BIOX registered -62.19% loss for a year compared to 6-month loss of -52.97%.
The stock witnessed a -27.19% gain in the last 1 month and extending the period to 3 months gives it a -30.25%, and is 18.29% up 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 7.59% over the week and 7.42% over the month.
Bioceres Crop Solutions Corp (BIOX) has around 983 employees, a market worth around $312.30M and $407.77M in sales. Current P/E ratio is 215.58 and Fwd P/E is 18.22. Profit margin for the company is 0.36%. Distance from 52-week low is 35.14% and -63.11% from its 52-week high. The company has generated returns on investments over the last 12 months (0.31%).
with sales reaching $61.87M over the same period.The EPS is expected to shrink by -177.18% this year, but quarterly earnings will post -17.74% year-over-year. Quarterly sales are estimated to shrink -26.35% in year-over-year returns.
The shares outstanding are 62.71M, and float is at 33.36M with Short Float at 3.61%.
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.
