Bioceres Crop Solutions Corp. (BIOX) Stock Drops 5.20% Amid Market Volatility

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Dec 19, 2024
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Bioceres Crop Solutions Corp. (BIOX, Financial) experienced a significant stock movement, with its price dropping by 5.20% to $6.20 per share. The trading volume reached 79,553 shares, with a turnover rate of 0.13% and a price fluctuation of 6.24%. Recent financial reports indicate the company generated $92.62 million in revenue but reported a net loss of $6.37 million, resulting in an earnings per share of -$0.10. The gross profit stood at $32.51 million, with a high price-to-earnings ratio of 272.49.

All four rating institutions have recommended buying the stock, with no suggestions to hold or sell. Within the agricultural supplies sector, which saw an overall decline of 0.77%, Bioceres' peers like Benson Hill, Inc. and N2Off, Inc. showed significant gains. Bioceres is a comprehensive provider of crop productivity solutions, with a focus on seeds, biologicals, and fertilizers. The company primarily earns revenue from Argentina, with additional income from Brazil, North America, Latin America, and other regions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.