Agriculture Stocks To Add to Your Watchlist - November 8th

Key Points

• MarketBeat’s trading-volume screen named Deere & Company, Corteva, Valmont Industries, Gates Industrial, and CEA Industries as agriculture stocks to watch. The companies span farm equipment, seeds and crop protection, infrastructure, and controlled-environment agriculture.
• Agriculture stocks can be affected by weather, commodity prices, and global demand, so the watchlist is a sector overview rather than an indication that the stocks are recommended investments.
• In Friday trading, Deere, Valmont, Gates Industrial, and CEA Industries rose, while Corteva edged lower.

Deere & Company, Corteva, Valmont Industries, Gates Industrial, and CEA Industries are the five Agriculture stocks to watch today, according to MarketBeat's stock screener tool. Agriculture stocks are shares of publicly traded companies involved in farming and the agricultural supply chain, such as producers of seeds, fertilizer, farm equipment, crops, or food products. Investors may buy them to gain exposure to the sector, whose performance can be affected by weather, commodity prices, and global demand. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Shares of DE traded up $8.68 during mid-day trading on Friday, hitting $671.99. The company's stock had a trading volume of 1,215,956 shares, compared to its average volume of 1,129,508. The company has a current ratio of 2.10, a quick ratio of 1.89 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $181.18 billion, a price-to-earnings ratio of 37.33, a PEG ratio of 1.90 and a beta of 0.89. The company's 50-day moving average is $667.02 and its 200-day moving average is $608.14. Deere & Company has a 52-week low of $455.90 and a 52-week high of $721.22.

Read Our Latest Research Report on DE

Corteva (CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.

Shares of NYSE:CTVA traded down $0.14 on Friday, reaching $11.90. The company had a trading volume of 26,440,975 shares, compared to its average volume of 20,662,564. The firm has a market capitalization of $7.94 billion, a PE ratio of 7.88, a PEG ratio of 1.66 and a beta of 0.58. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. Corteva has a 52-week low of $11.24 and a 52-week high of $90.97. The firm's 50 day simple moving average is $44.82 and its 200-day simple moving average is $71.09.

Read Our Latest Research Report on CTVA

Valmont Industries (VMI)

Valmont Industries, Inc. operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.

Shares of NYSE VMI traded up $5.66 during mid-day trading on Friday, reaching $403.71. 305,195 shares of the company were exchanged, compared to its average volume of 221,860. The company has a quick ratio of 1.56, a current ratio of 2.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 14.99, a P/E/G ratio of 0.91 and a beta of 1.39. Valmont Industries has a 1 year low of $378.02 and a 1 year high of $585.71. The firm has a 50-day moving average of $458.94 and a 200 day moving average of $476.77.

Read Our Latest Research Report on VMI

Gates Industrial (GTES)

GTES stock traded up $0.56 during trading on Friday, reaching $24.12. 2,538,502 shares of the company traded hands, compared to its average volume of 2,533,145. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 16.75 and a beta of 1.33. The business has a 50 day simple moving average of $25.85 and a 200 day simple moving average of $25.79. Gates Industrial has a 12 month low of $20.88 and a 12 month high of $30.34. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.40 and a current ratio of 3.41.

Read Our Latest Research Report on GTES

CEA Industries (CEAD)

CEA Industries Inc. provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.

Shares of NASDAQ CEAD traded up $0.30 during trading hours on Friday, hitting $4.87. 613,031 shares of the stock were exchanged, compared to its average volume of 7,156. The company has a market cap of $3.91 million, a PE ratio of -1.12 and a beta of 0.54. The firm has a fifty day moving average price of $5.05 and a 200-day moving average price of $3.64. CEA Industries has a 12 month low of $6.22 and a 12 month high of $10.25.

Read Our Latest Research Report on CEAD

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