Archer Daniels Midland Co. (NYSE:ADM) price closed lower on Tuesday, April 16, dropping -0.41% below its previous close.
A look at the daily price movement shows that the last close reads $60.52. The company’s P/E ratio in the trailing 12-month period read 9.41. Taking into account the 52-week price action we note that the stock hit a 52-week high of $87.30 and 52-week low of $50.72. The stock added 1.62% on its value in the past month.
Archer Daniels Midland Co., which has a market valuation of $30.73 billion. The company stock has a Forward Dividend ratio of 1.85, while the dividend yield is 3.07%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ADM a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that ADM’s price is at present -3.32% off the SMA20 and 4.88% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 46.19, with weekly volatility standing at 2.16%. The indicator jumps to 1.82% when calculated based on the past 30 days. Archer Daniels Midland Co. (NYSE:ADM)’s beta value is holding at 0.77, while the average true range (ATR) indicator is currently reading 1.24.
An analysis of the Archer Daniels Midland Co. (NYSE:ADM) stock in terms of its daily trading volume indicates that the 3-month average is 6.66 million.
Current records show that the company has 513.00M in outstanding shares. The insiders’ percentage holdings are 0.85% of outstanding shares while the percentage share held by institutions stands at 82.54%. But the -16.55% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
