The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Corteva Inc.’s current trading price is -23.16% away from its 52-week high, while its distance from the 52-week low is 8.02%. The stock’s price range for this period has been between $48.68 and $68.43 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.81 million for the day, a number notably lower than the average daily volume of 4.11 million over the last three months.
Corteva Inc. (CTVA) stock is currently valued at $52.58. During the last session, the stock experienced a remarkable rise, reaching $52.71 after opening at $52.44. The stock briefly dropped to $51.68 before ultimately closing at $51.87.
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Corteva Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $68.43 on 11/02/22, while the lowest value for the same period was recorded at $48.68 on 08/23/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Corteva Inc. (CTVA) has experienced a quarterly decline of -7.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.37B and boasts a workforce of 21000 employees.
Corteva Inc.: What Analysts Are Saying
As of right now, 15 analysts are rating Corteva Inc. as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 55.03, with a change in price of -7.10. Similarly, Corteva Inc. recorded 3,757,060 in trading volume during the last 100 days, posting a change of -11.90%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CTVA stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.09.
CTVA Stock Stochastic Average
As of today, Corteva Inc.’s raw stochastic average for the last 50 days stands at 43.87%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 81.89%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 77.15% and 77.74%, respectively.
CTVA Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -10.54%. However, over the last six months, the performance has been stronger by -8.74%. The price of CTVA increased 3.60% over the last 30 days. And in the last five days, it has surged by 1.85%.
