A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Corteva Inc’s current trading price is -8.06% away from its 52-week high, while its distance from the 52-week low is 40.24%. The stock’s price range for this time frame has been between $50.75 and $77.41. The trading volume of the company’s shares in the Basic Materials reached around 4.56 million for the day, which was evidently higher than the average daily volume of 3.98 million over the last three months.
Corteva Inc (CTVA) currently has a stock price of $71.17. The stock saw a sharp increase in the last trading session, hitting a high of $92.0 after opening at $71.17. The lowest recorded price for the day was $60.0 before it closed at $72.31.
Corteva Inc’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Corteva Inc (CTVA) has experienced a quarterly rise of 13.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.55B and boasts a workforce of 22000 employees.
Decoding Analysts’ Ratings for Corteva Inc
As of right now, 15 analysts are rating Corteva Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 67.86, with a change in price of +12.58. Similarly, Corteva Inc recorded 3,841,494 in trading volume during the last 100 days, posting a change of +21.47%.
How CTVA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CTVA stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.07.
CTVA Stock Stochastic Average
Corteva Inc’s raw stochastic average for the past 50 days is currently at 23.95%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 10.75%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.76% and 17.06%, respectively.
CTVA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 37.98%.However, over the last six months, we can see a weaker performance of 8.33%. Over the last 30 days, the price of CTVA has leaped by -6.91%. And in the last five days, it has fallen by -1.13%.
