Agriculture Stocks To Research - November 5th

Key Points

• Deere, Corteva, and Valmont Industries were identified as agriculture stocks with the highest recent dollar trading volumes, spanning farm equipment, seeds and crop protection, and agricultural infrastructure.
• All three shares fell in Thursday trading: Deere dropped $9.50 to $667, Corteva slipped $0.33 to $11.93, and Valmont declined $20.52 to $400.21.
• Deere’s shares were trading near their 50-day average of $665.41, while Valmont’s price was below both its 50-day and 200-day averages; the article also reports unusually inconsistent Corteva price and moving-average figures.

Deere & Company, Corteva, and Valmont Industries are the three 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 producers of crops and livestock, farm-equipment makers, fertilizer and seed suppliers, and food processors. Investors use them to gain exposure to this sector, whose performance can be affected by commodity prices, weather, supply and demand, and government policies. 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 stock traded down $9.50 during trading hours on Thursday, hitting $667.00. The company's stock had a trading volume of 885,039 shares, compared to its average volume of 1,339,186. The stock has a market cap of $179.84 billion, a price-to-earnings ratio of 37.15, a P/E/G ratio of 1.89 and a beta of 0.89. 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 business has a fifty day moving average of $665.41 and a 200-day moving average of $606.57. Deere & Company has a twelve month low of $455.90 and a twelve month 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.

NYSE CTVA traded down $0.33 during trading hours on Thursday, hitting $11.93. 6,770,945 shares of the company's stock were exchanged, compared to its average volume of 7,786,278. Corteva has a 12-month low of $11.24 and a 12-month high of $90.97. The business's 50 day moving average is $47.65 and its 200-day moving average is $71.67. The firm has a market capitalization of $7.96 billion, a P/E ratio of 7.92, a price-to-earnings-growth ratio of 1.66 and a beta of 0.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.52.

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 down $20.52 during trading on Thursday, reaching $400.21. 128,607 shares of the stock were exchanged, compared to its average volume of 198,252. Valmont Industries has a 12-month low of $378.02 and a 12-month high of $585.71. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 0.99 and a beta of 1.39. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.56 and a current ratio of 2.41. The firm's 50-day moving average price is $462.09 and its 200 day moving average price is $477.15.

Read Our Latest Research Report on VMI

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.