Archer Daniels Midland Co (NYSE:ADM) shares, rose in value, with the stock price down by -0.94% to the previous day’s close as strong demand from buyers drove the stock to $47.43.
Actively observing the price movement in the recent trading, the stock is buoying the session at $47.88. The PE ratio was 16.91 over 12-month period. Referring to stock’s 52-week performance, its high was $66.08, and the low was $40.98. On the whole, ADM has fluctuated by 13.50% over the past month.
With the market capitalization of Archer Daniels Midland Co currently standing at about $22.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.01, with its dividend yield at 4.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ADM’s technical picture suggests that short-term indicators denote the stock is a 25% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 17.08, with the price of ADM currently trading nearly -0.01% and 0.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.41, while the 7-day volatility ratio is showing 2.30% which for the 30-day chart, stands at 2.93%. Furthermore, Archer Daniels Midland Co (ADM)’s beta value is 0.67, and its average true range (ATR) is 1.25.
A comparison of Archer Daniels Midland Co (ADM) with its peers suggests the former has fared considerably weaker in the market. ADM showed an intraday change of -0.94% in today’s session so far, and over the past year, it shrunk by -21.20%%.
Data on historical trading for Archer Daniels Midland Co (NYSE:ADM) indicates that the trading volumes over the past 3 months, they’ve averaged 4.64 million. According to company’s latest data on outstanding shares, there are 480.00 million shares outstanding.
Nearly 0.69% of Archer Daniels Midland Co’s shares belong to company insiders and institutional investors own 81.50% of the company’s shares. The stock has fallen by -6.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ADM stock heading into the next quarter.
