On Friday, Corteva Inc (NYSE: CTVA) opened lower -1.33% from the last session, before settling in for the closing price of $66.15. Price fluctuations for CTVA have ranged from $45.46 to $66.24 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 5.75% over the past five years. Company’s average yearly earnings per share was noted -5.20% at the time writing. With a float of $685.98 million, this company’s outstanding shares have now reached $689.17 million.
Let’s look at the performance matrix of the company that is accounted for 22500 employees. In terms of profitability, gross margin is 41.71%, operating margin of 11.8%, and the pretax margin is 5.19%.
Corteva Inc (CTVA) Insider Updates
A key investor’s attitude towards the stock of the Agricultural Inputs industry is another important factor to consider. The insider ownership of Corteva Inc is 0.17%, while institutional ownership is 85.18%. The most recent insider transaction that took place on Nov 26 ’24, was worth 2,388,367. In this transaction SVP, Gen Counsel and Secretary of this company sold 37,672 shares at a rate of $63.40, taking the stock ownership to the 126,961 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 37,672 for $63.40, making the entire transaction worth $2,388,314.
Corteva Inc (CTVA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -5.20% per share during the next fiscal year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Check out the current performance indicators for Corteva Inc (CTVA). In the past quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.70. Likewise, its price to free cash flow for the trailing twelve months is 25.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 3.18 in one year’s time.
Technical Analysis of Corteva Inc (CTVA)
Corteva Inc (NYSE: CTVA) saw its 5-day average volume 3.68 million, a positive change from its year-to-date volume of 3.06 million. As of the previous 9 days, the stock’s Stochastic %D was 88.27%. Additionally, its Average True Range was 1.23.
During the past 100 days, Corteva Inc’s (CTVA) raw stochastic average was set at 92.12%, which indicates a significant increase from 89.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.39% in the past 14 days, which was lower than the 24.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.14, while its 200-day Moving Average is $56.76. Nevertheless, the first resistance level for the watch stands at $65.98 in the near term. At $66.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.21. If the price goes on to break the first support level at $64.75, it is likely to go to the next support level at $64.22. Assuming the price breaks the second support level, the third support level stands at $63.52.
Corteva Inc (NYSE: CTVA) Key Stats
There are currently 687,293K shares outstanding in the company with a market cap of 44.86 billion. Presently, the company’s annual sales total 17,226 M according to its annual income of 735,000 K. Last quarter, the company’s sales amounted to 2,326 M and its income totaled -524,000 K.
