LVRO Stock Summary and Trading Ideas (Lavoro Limited - Class A | NASDAQ:LVRO)

Lavoro Ltd operates in the agricultural inputs retail market, with operations spread across Brazil and Colombia, and an emergent agricultural input trading company in Uruguay. The reportable segments of the company include the Brazil Cluster, which comprises companies dedicated to the distribution of agricultural inputs such as crop protection, seeds, fertilizers and specialty products, in Brazil; the LATAM Cluster, which includes companies dedicated to the distribution of agricultural inputs outside Brazil (predominantly in Colombia); and the Crop Care Cluster. A substantial part of the company's overall revenue is generated from its Brazil cluster segment.

Lavoro Limited - Class A trades on the NASDAQ stock market under the symbol LVRO.

As of November 1, 2024, LVRO stock price climbed to $4.48 with 9,902 million shares trading.

LVRO has a market cap of $522.17 million. This is considered a Small Cap stock.

LVRO has underperformed the market in the last year with a return of -13.9%, while the SPY ETF gained +36.8%. In the last 3 month period, LVRO fell short of the market, returning -17.7%, while SPY returned +5.5%. However, in the most recent 2 weeks LVRO has outperformed the stock market by returning +3.5%, while SPY returned -2.3%.

LVRO support price is $3.62 and resistance is $4.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LVRO shares will trade within this expected range on the day.