Archer-Daniels-Midland Company (ADM) Shares are Down -1.34%

Archer-Daniels-Midland Company (ADM) : During the past 4 weeks, traders have been relatively bearish on Archer-Daniels-Midland Company (ADM), hence the stock is down -0.93% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.31% relative to the S&P 500. The 4-week change in the price of the stock is -0.55% and the stock has fallen -1.34% in the past 1 week.

Archer-Daniels-Midland Company is up 9.91% in the last 3-month period. Year-to-Date the stock performance stands at 21.41%. The stock has recorded a 20-day Moving Average of 0.7% and the 50-Day Moving Average is 1.51%.


Archer-Daniels-Midland Company (NYSE:ADM): The stock opened at $43.40 on Friday but the bulls could not build on the opening and the stock topped out at $43.64 for the day. The stock traded down to $43.17 during the day, due to lack of any buying support eventually closed down at $43.48 with a loss of -0.21% for the day. The stock had closed at $43.57 on the previous day. The total traded volume was 2,120,395 shares.

Also, In the latest statement by the brokerage house, Argus Research upgrades its outlook on Archer-Daniels-Midland Company (NYSE:ADM). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Hold. The rating by the firm was issued on August 4, 2016.

Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat, cocoa, and other agricultural commodities and manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. The Companys segments include Oilseeds Processing, Corn Processing, Agricultural Services and Wild Flavors and Specialty Ingredients. The Corn Processing segment is engaged in corn wet milling and dry milling activities. The Agricultural Services segment utilizes its United States grain elevator , global transportation network and port operations to buy, store, clean and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. Wild Flavors products include flavors, colors, sweeteners and health ingredients, as well as ready-to-market concepts and complete solutions.

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