Alico traded at $40.17 this Friday May 15th, decreasing $0.79 or 1.93 percent since the previous trading session. Looking back, over the last four weeks, Alico lost 6.45 percent. Over the last 12 months, its price rose by 29.12 percent. Looking ahead, we forecast Alico to be priced at 39.36 by the end of this quarter and at 37.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Alico, Inc is an agribusiness and natural resources management company. The Company's segments include Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment owns and manages citrus land in DeSoto, Polk, Collier, Hendry, Charlotte, Highlands, and Hardee Counties in the State of Florida and engages in the cultivation of citrus trees to produce citrus for delivery to the fresh and processed citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties and are engaged in land leasing for recreational and grazing purposes, conservation, and mining activities.