Archer Daniels Midland Co (NYSE:ADM) shares, rose in value on Thursday, February 13, with the stock price up by 1.08% to the previous day’s close as strong demand from buyers drove the stock to $45.71.
Actively observing the price movement in the last trading, the stock closed the session at $45.22. The PE ratio was 12.65 over 12-month period. Referring to stock’s 52-week performance, its high was $66.08, and the low was $45.01. On the whole, ADM has fluctuated by -10.71% over the past month.
With the market capitalization of Archer Daniels Midland Co currently standing at about $21.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.50, with its dividend yield at 3.28%.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 11.50, with the price of ADM currently trading nearly -6.83% and -9.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.08, while the 7-day volatility ratio is showing 2.69% which for the 30-day chart, stands at 2.40%. Furthermore, Archer Daniels Midland Co (ADM)’s beta value is 0.66, and its average true range (ATR) is 1.35.
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 1.08% in last session, and over the past year, it shrunk by -14.94%%.
Data on historical trading for Archer Daniels Midland Co (NYSE:ADM) indicates that the trading volumes over the past 3 months, they’ve averaged 3.32 million. According to company’s latest data on outstanding shares, there are 478.53 million shares outstanding.
Nearly 0.66% of Archer Daniels Midland Co’s shares belong to company insiders and institutional investors own 81.80% of the company’s shares. The stock has fallen by -9.52% 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.
