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Agriculture Stocks To Keep An Eye On - November 12th

Corteva logo with Materials background
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Key Points

  • MarketBeat’s agriculture-stock watchlist names Corteva, Deere & Company, Valmont Industries, Gates Industrial, and CEA Industries, selected for their recent dollar trading volume.
  • The companies offer different types of agricultural exposure: Corteva supplies seeds and crop protection, Deere makes farm equipment, Valmont serves agriculture and infrastructure markets, Gates provides industrial products, and CEA Industries supports controlled-environment farming.
  • Thursday trading was mixed: the article reports shares fell for Corteva, Deere, Valmont, and Gates, while CEA Industries rose. Corteva was quoted at $9.84, though the article’s cited moving averages and trading range appear inconsistent with that price.
  • Interested in Corteva? Here are five stocks we like better.

Corteva, Deere & Company, 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 broader agricultural industry, including businesses that produce crops or livestock, make farm equipment, or supply seeds, fertilizer, and other inputs. Investors use them to gain exposure to the sector, whose performance can be affected by weather, crop prices, trade conditions, and input costs. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

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.

NYSE:CTVA traded down $2.30 during trading hours on Thursday, reaching $9.84. 38,359,644 shares of the stock were exchanged, compared to its average volume of 8,162,174. The stock has a market capitalization of $6.57 billion, a P/E ratio of 6.55, a P/E/G ratio of 1.70 and a beta of 0.58. The firm has a 50 day simple moving average of $40.43 and a 200-day simple moving average of $70.20. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 0.07. Corteva has a 52 week low of $9.14 and a 52 week high of $90.97.

Read Our Latest Research Report on CTVA

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 stock traded down $3.78 on Thursday, hitting $687.97. 513,619 shares of the stock traded hands, compared to its average volume of 1,336,455. The company has a debt-to-equity ratio of 1.45, a current ratio of 2.10 and a quick ratio of 1.89. The company has a market capitalization of $185.49 billion, a PE ratio of 38.21, a PEG ratio of 1.95 and a beta of 0.89. Deere & Company has a 1-year low of $455.90 and a 1-year high of $721.22. The company's fifty day moving average is $669.14 and its 200 day moving average is $610.65.

Read Our Latest Research Report on DE

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.

Valmont Industries stock traded down $1.88 during mid-day trading on Thursday, reaching $422.95. The company's stock had a trading volume of 79,425 shares, compared to its average volume of 198,025. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 0.96 and a beta of 1.39. The business has a 50 day moving average price of $456.04 and a 200-day moving average price of $476.46. The company has a current ratio of 2.41, a quick ratio of 1.56 and a debt-to-equity ratio of 0.43. Valmont Industries has a twelve month low of $378.02 and a twelve month high of $585.71.

Read Our Latest Research Report on VMI

Gates Industrial (GTES)

Shares of NYSE:GTES traded down $0.12 on Thursday, reaching $25.44. 661,894 shares of the company's stock were exchanged, compared to its average volume of 2,184,189. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 17.66 and a beta of 1.33. Gates Industrial has a fifty-two week low of $20.88 and a fifty-two week high of $30.34. The business's 50-day moving average is $25.84 and its two-hundred day moving average is $25.82. The company has a quick ratio of 2.40, a current ratio of 3.41 and a debt-to-equity ratio of 0.57.

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 $0.11 during midday trading on Thursday, hitting $4.66. The company's stock had a trading volume of 654,856 shares, compared to its average volume of 7,156. CEA Industries has a 1-year low of $6.22 and a 1-year high of $10.25. The firm's fifty day moving average price is $5.15 and its 200-day moving average price is $3.62. The firm has a market cap of $3.74 million, a P/E ratio of -1.07 and a beta of 0.54.

Read Our Latest Research Report on CEAD

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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