Currently, Bioceres Crop Solutions Corp [BIOX] is trading at $6.91, down -1.00%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BIOX shares have gain 3.75% over the last week, with a monthly amount glided 3.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On April 06, 2023, Oppenheimer initiated with a Outperform rating and assigned a price target of $15 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $22.50 on September 30, 2022. ROTH Capital initiated its recommendation with a Buy and recommended $21 as its price target on October 08, 2021. Lake Street started tracking with a Buy rating for this stock on March 15, 2021, and assigned it a price target of $15.
This stock has fluctuated between a low of $5.71 and a high of $14.05 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $12.88 within the next 12 months. Bioceres Crop Solutions Corp [NASDAQ: BIOX] shares were valued at $6.91 at the most recent close of the market. An investor can expect a potential return of 86.4% based on the average BIOX price forecast.
Analyzing the BIOX fundamentals
Trailing Twelve Months sales for Bioceres Crop Solutions Corp [NASDAQ:BIOX] were 441.27M which represents -20.28% decline. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.85 points at the first support level, and at 6.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.98, and for the 2nd resistance point, it is at 7.06.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bioceres Crop Solutions Corp [NASDAQ:BIOX] is 1.27. Also, the Quick Ratio is 0.83, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 1.39 and price to earnings (TTM) ratio is 500.72.
