Corteva Inc (NYSE: CTVA) kicked off on Monday, up 0.73% from the previous trading day, before settling in for the closing price of $54.80. Over the past 52 weeks, CTVA has traded in a range of $43.22-$62.10.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 3.98%. While this was happening, its average annual earnings per share was recorded 5.25%. With a float of $697.75 million, this company’s outstanding shares have now reached $701.26 million.
Let’s determine the extent of company efficiency that accounts for 22500 employees.
Corteva Inc (CTVA) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Agricultural Inputs Industry. The insider ownership of Corteva Inc is 0.16%, while institutional ownership is 82.81%. The most recent insider transaction that took place on Nov 28 ’23, was worth 50,401. In this transaction an insider of this company bought 1,094 shares at a rate of $46.07, taking the stock ownership to the 41,066 shares. Before that another transaction happened on Nov 14 ’23, when Company’s EVP, Seed Business Unit bought 4,000 for $45.99, making the entire transaction worth $183,944. This insider now owns 163,121 shares in total.
Corteva Inc (CTVA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 5.25% per share during the next fiscal year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Take a look at Corteva Inc’s (CTVA) current performance indicators. Last quarter, stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 32.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.02, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 3.45 in one year’s time.
Technical Analysis of Corteva Inc (CTVA)
Looking closely at Corteva Inc (NYSE: CTVA), its last 5-days average volume was 2.28 million, which is a drop from its year-to-date volume of 3.6 million. As of the previous 9 days, the stock’s Stochastic %D was 32.79%. Additionally, its Average True Range was 1.03.
During the past 100 days, Corteva Inc’s (CTVA) raw stochastic average was set at 79.15%, which indicates a significant increase from 40.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.74% in the past 14 days, which was lower than the 34.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.15, while its 200-day Moving Average is $51.07. However, in the short run, Corteva Inc’s stock first resistance to watch stands at $55.64. Second resistance stands at $56.07. The third major resistance level sits at $56.69. If the price goes on to break the first support level at $54.59, it is likely to go to the next support level at $53.97. Now, if the price goes above the second support level, the third support stands at $53.54.
Corteva Inc (NYSE: CTVA) Key Stats
The company with the Market Capitalisation of 38.58 billion has total of 698,880K Shares Outstanding. Its annual sales at the moment are 17,226 M in contrast with the sum of 735,000 K annual income. Company’s last quarter sales were recorded 3,707 M and last quarter income was -253,000 K.
