A new trading day began on Tuesday, with Corteva Inc (NYSE: CTVA) stock price down -0.25% from the previous day of trading, before settling in for the closing price of $51.31. CTVA’s price has ranged from $43.22 to $58.76 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 3.98% over the last five years. Meanwhile, its annual earnings per share averaged 0.39%. With a float of $691.24 million, this company’s outstanding shares have now reached $701.26 million.
The firm has a total of 22500 workers. Let’s measure their productivity.
Corteva Inc (CTVA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Agricultural Inputs Industry. The insider ownership of Corteva Inc is 0.15%, while institutional ownership is 87.33%. The most recent insider transaction that took place on May 14 ’24, was worth 2,281,244. In this transaction SVP, Gen Counsel and Secretary of this company sold 39,736 shares at a rate of $57.41, taking the stock ownership to the 126,628 shares. Before that another transaction happened on May 09 ’24, when Company’s See Remarks sold 31,686 for $57.64, making the entire transaction worth $1,826,381. This insider now owns 53,854 shares in total.
Corteva Inc (CTVA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 0.39% per share during the next fiscal year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Here are Corteva Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10. Likewise, its price to free cash flow for the trailing twelve months is 23.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.29, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 3.35 in one year’s time.
Technical Analysis of Corteva Inc (CTVA)
Analysing the last 5-days average volume posted by the [Corteva Inc, CTVA], we can find that recorded value of 4.18 million was better than the volume posted last year of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 13.43%. Additionally, its Average True Range was 1.33.
During the past 100 days, Corteva Inc’s (CTVA) raw stochastic average was set at 13.37%, which indicates a significant decrease from 14.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.56% in the past 14 days, which was higher than the 24.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.44, while its 200-day Moving Average is $51.80. Now, the first resistance to watch is $51.77. This is followed by the second major resistance level at $52.36. The third major resistance level sits at $52.77. If the price goes on to break the first support level at $50.77, it is likely to go to the next support level at $50.36. Now, if the price goes above the second support level, the third support stands at $49.77.
Corteva Inc (NYSE: CTVA) Key Stats
With a market capitalization of 35.43 billion, the company has a total of 696,976K Shares Outstanding. Currently, annual sales are 17,226 M while annual income is 735,000 K. The company’s previous quarter sales were 6,112 M while its latest quarter income was 1,053 M.
