Best Agriculture Stocks Worth Watching - November 13th

Key Points

• Deere & Company, Corteva, and Gates Industrial topped MarketBeat’s recent agriculture-stock trading-volume screen. The article notes that the sector can be affected by weather, commodity prices, and input costs.
• The companies offer different kinds of exposure: Deere makes agricultural and other equipment, Corteva develops seeds and crop-protection products, and Gates Industrial is included on the agriculture watchlist.
• In Friday trading, Deere fell $7.10 to $671.69, while Corteva rose $0.10 and Gates Industrial gained $0.18.

Deere & Company, Corteva, and Gates Industrial 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, such as seed and fertilizer makers, farm-equipment manufacturers, growers, and food processors. Investors may buy them to gain exposure to agricultural businesses, though their performance can be affected by factors such as weather, commodity prices, and input costs. 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.

DE traded down $7.10 during trading on Friday, reaching $671.69. The company's stock had a trading volume of 589,797 shares, compared to its average volume of 1,337,077. Deere & Company has a 52-week low of $455.90 and a 52-week high of $721.22. The company's fifty day moving average price is $668.78 and its 200-day moving average price is $611.46. The company has a market capitalization of $181.10 billion, a price-to-earnings ratio of 37.35, a price-to-earnings-growth ratio of 1.96 and a beta of 0.89. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10.

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 CTVA traded up $0.10 during mid-day trading on Friday, hitting $9.29. The company's stock had a trading volume of 11,970,232 shares, compared to its average volume of 8,310,509. 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 1-year low of $9.01 and a 1-year high of $90.97. The firm has a market capitalization of $6.20 billion, a P/E ratio of 6.16, a P/E/G ratio of 1.69 and a beta of 0.58. The firm has a 50-day simple moving average of $38.81 and a 200 day simple moving average of $69.88.

Read Our Latest Research Report on CTVA

Gates Industrial (GTES)

GTES stock traded up $0.18 on Friday, reaching $25.54. 1,069,265 shares of the company's stock were exchanged, compared to its average volume of 2,184,904. The stock has a fifty day moving average of $25.85 and a 200-day moving average of $25.83. Gates Industrial has a twelve month low of $20.88 and a twelve month high of $30.34. The firm has a market cap of $6.41 billion, a PE ratio of 17.73 and a beta of 1.33. 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

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