Shares of AGCO Corporation (AGCO) Sees Large Inflow of Net Money Flow

AGCO Corporation (AGCO) : AGCO Corporation (AGCO) had a healthy money flow of $2.21 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $8.31 million, whereas, investors only sold shares worth $6.1 million on downticks. The stock closed the day with an up-down ratio of 1.36.The money flow in the block trades to the tune of $1.99 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.49 million worth of transactions were on upticks. A paltry $0.5 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5.01. AGCO Corporation (AGCO) stock slid $0.75 intraday and traded at 48.56, a change of -1.52% over previous days close. However, for the week, the company shares are -1.54% compared to previous weeks close.


AGCO Corporation (AGCO) : Currently there are 10 street experts covering AGCO Corporation (AGCO) stock. The most bullish and bearish price target for the stock is $61 and $39 respectively for the short term. The average price target of all the analysts comes to $47.8. The estimated standard deviation from the target is $6.55.

AGCO Corporation (NYSE:AGCO): On Fridays trading session , Opening price of the stock was $48.93 with an intraday high of $49.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.94. However, the stock managed to close at $48.55, a loss of 1.54% for the day. On the previous day, the stock had closed at $49.31. The total traded volume of the day was 760,393 shares.

In a related news, The Securities and Exchange Commission has divulged that Collar Gary L, officer (Sr. VP – General Manager, APAC) of Agco Corp /De, had unloaded 5,168 shares at an average price of $51.01 in a transaction dated on May 24, 2016. The total value of the transaction was worth $263,620.

AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts around the world. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage, implements, and grain storage and protein production systems. Its products are marketed under various brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra. It also provides retail financing through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. The Companys geographical segments include North America, South America, Europe/Africa/Middle East and Asia/Pacific. The Companys AGCO Power engines division produces diesel engines, gears and generating sets. It also offers precision farming technologies, which are installed in its products and include satellite-based steering, field data collection, yield mapping and telemetry-based fleet management systems.

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