Limoneira traded at $10.41 this Thursday November 5th, decreasing $0.11 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, Limoneira lost 14.53 percent. Over the last 12 months, its price fell by 24.67 percent. Looking ahead, we forecast Limoneira to be priced at 10.45 by the end of this quarter and at 9.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Limoneira Company is an agribusiness company. The Company is primarily engaged in growing citrus and avocados, picking, and hauling citrus, and packing, marketing, and selling lemons. Its operations consist of fruit production, sales and marketing, rental operations, real estate, and capital investment activities. It operates through four segments: fresh lemons, lemon packing, avocados and other agribusiness. The Company markets and sells lemons directly to food service, wholesale and retail customers throughout the United States, Canada, Asia, Europe and other international markets. It also operates its packinghouses in Santa Paula and Oxnard, California and Yuma, Arizona, where it processes, pack and sell lemons that it grows, as well as lemons grown by others. The agribusiness division includes operations of farming, harvesting, lemon packing and lemon sales operations. The rental operations include residential and commercial rentals, leased land operations and organic recycling.