Witnessing the stock’s movement on the chart, on Wednesday, Corteva Inc (NYSE: CTVA) set off with pace as it heaved 1.28% to $61.57, before settling in for the price of $60.79 at the close. Taking a more long-term approach, CTVA posted a 52-week range of $43.22-$61.38.
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The Basic Materials sector firm’s twelve-monthly sales growth has been 3.98% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.89%. This publicly-traded company’s shares outstanding now amounts to $701.26 million, simultaneously with a float of $691.14 million. The organization now has a market capitalization sitting at $42.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $57.50, while the 200-day Moving Average is $54.70.
Corteva Inc (CTVA) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Agricultural Inputs industry. Corteva Inc’s current insider ownership accounts for 0.16%, in contrast to 84.40% institutional ownership. According to the most recent insider trade that took place on May 14 ’24, this organization’s SVP, Gen Counsel and Secretary sold 39,736 shares at the rate of 57.41, making the entire transaction reach 2,281,244 in total value, affecting insider ownership by 126,628. Preceding that transaction, on May 09 ’24, Company’s insider sold 31,686 for 57.64, making the whole transaction’s value amount to 1,826,381. This particular insider is now the holder of 53,854 in total.
Corteva Inc (CTVA) Earnings and Revenue Records
Corteva Inc’s EPS decrease for this current 12-month fiscal period is -0.89% and is forecasted to reach 3.33 in the upcoming year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Let’s observe the current performance indicators for Corteva Inc (CTVA). It’s Quick Ratio in the last reported quarter now stands at 1.17. The Stock has managed to achieve an average true range (ATR) of 1.05. Alongside those numbers, its PE Ratio stands at $47.65, and its Beta score is 0.78. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.52. Similarly, its price to free cash flow for trailing twelve months is now 28.36.
In the same vein, CTVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.29, a figure that is expected to reach -0.30 in the next quarter, and analysts are predicting that it will be 3.33 at the market close of one year from today.
Technical Analysis of Corteva Inc (CTVA)
Going through the that latest performance of [Corteva Inc, CTVA]. Its last 5-days volume of 2.98 million was inferior to the volume of 3.25 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 85.70% While, its Average True Range was 1.04.
Raw Stochastic average of Corteva Inc (CTVA) in the period of the previous 100 days is set at 93.45%, which indicates a major rise in contrast to 86.34% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 18.06% that was lower than 21.08% volatility it exhibited in the past 100-days period.
