Let’s start up with the current stock price of Archer-Daniels-Midland Company (ADM), which is $84.36 to be very precise. The Stock rose vividly during the last session to $86.51 after opening rate of $85.13 while the lowest price it went was recorded $84.11 before closing at $84.97.Recently in News on May 6, 2022, AM Best Withdraws Credit Ratings of ADM Insurance Company; Affirms Credit Ratings of Agrinational Insurance Company. AM Best has withdrawn the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of ADM Insurance Company (Phoenix, AZ). ADM Insurance Company was a member of ADM Insurance Group. AM Best has withdrawn these Credit Ratings (ratings) as the company has been sold to a non-affiliated company. You can read further details here
Archer-Daniels-Midland Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $98.88 on 04/21/22, with the lowest value was $65.64 for the same time period, recorded on 01/25/22.
Archer-Daniels-Midland Company (ADM) full year performance was 26.86%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Archer-Daniels-Midland Company shares are logging -14.68% during the 52-week period from high price, and 48.23% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $56.91 and $98.88.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 3560637 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Archer-Daniels-Midland Company (ADM) recorded performance in the market was 24.81%, having the revenues showcasing 9.16% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 47.30B, as it employees total of 41000 workers.
Analysts verdict on Archer-Daniels-Midland Company (ADM)
During the last month, 4 analysts gave the Archer-Daniels-Midland Company a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 80.64, with a change in the price was noted +18.19. In a similar fashion, Archer-Daniels-Midland Company posted a movement of +27.49% for the period of last 100 days, recording 3,676,471 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ADM is recording 0.55 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.37.
Archer-Daniels-Midland Company (ADM): Technical Analysis
Raw Stochastic average of Archer-Daniels-Midland Company in the period of last 50 days is set at 28.33%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 2.48%. In the last 20 days, the company’s Stochastic %K was 3.85% and its Stochastic %D was recorded 7.54%.
Let’s take a glance in the erstwhile performances of Archer-Daniels-Midland Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 24.81%. Additionally, trading for the stock in the period of the last six months notably improved by 30.93%, alongside a boost of 26.86% for the period of the last 12 months. The shares increased approximately by -7.45% in the 7-day charts and went up by -10.80% in the period of the last 30 days. Common stock shares were driven by 9.16% during last recorded quarter.