Large Inflow of Money Witnessed in Deere & Company

The shares of Deere & Company (NYSE:DE) traded with a loss of -1.5 points or -1.75% in the most recent session. The shares last traded at $84.09. As per the trading info, the shares saw $55.73 million in upticks and lost $50.26 million in downticks, resulting in a net money flow of $5.47 million. The up/down ratio for the day was measured at 1.11. For the week, the shares had posted -2.22%.From the block trade data available, the total upticks were valued at $12.23 million and the total downticks were valued at $3.73 million, thereby putting the up/down ratio at 3.28. The net money flow for the block transaction was $8.5 million.


The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 1.75%. The company shares have dropped 8.64% in the past 52 Weeks. On June 30, 2015 The shares registered one year high of $98.23 and one year low was seen on January 20, 2016 at $70.16. The 50-day moving average is $83.34 and the 200 day moving average is recorded at $79.74. S&P 500 has rallied 1.93% during the last 52-weeks.

Deere & Company (NYSE:DE): The stock opened at $85.39 on Tuesday but the bulls could not build on the opening and the stock topped out at $85.40 for the day. The stock traded down to $84.04 during the day, due to lack of any buying support eventually closed down at $84.09 with a loss of -1.75% for the day. The stock had closed at $85.59 on the previous day. The total traded volume was 3,536,050 shares.

Currently the company Insiders own 0.75% of Deere & Company shares according to the proxy statements. Institutional Investors own 73.26% of Deere & Company shares. On the companys insider trading activities,The officer (Senior Vice President & CFO) of Deere & Co, Kalathur Rajesh sold 4,366 shares at $79.52 on December 2, 2015. The Insider selling transaction had a total value worth of $347,184. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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