Large Inflow of Money Detected in Deere & Company

Deere & Company (DE) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $61.13 million worth of transactions were on upticks, whereas, the downticks accounted for $51.52 million worth of transactions. The net money flow was a positive $9.61 million and the uptick to downtick ratio was 1.19. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 11.58 in their favor. The net money flow into the stock was $10.9 million. The value of block trades done on downticks was only $1.03 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $11.93 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Deere & Company (DE) was trading at $77, down $0.99 during day. The stock slid -1.27% over the previous days close. For the week, the stock recorded -1.71% over the previous weeks close.


Deere & Company has lost 0.81% in the last five trading days and dropped 6.15% in the last 4 weeks. Deere & Company has dropped 5.7% during the last 3-month period . Year-to-Date the stock performance stands at 4.19%.

Deere & Company (NYSE:DE): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.15 and $76.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $78.28, notching a gain of 1.66% for the day. The total traded volume was 2,667,441 . The stock had closed at $77.00 on the previous day.

In a related news, Kalathur Rajesh, officer (Senior Vice President & CFO) of Deere & Co, unloaded 4,366 shares at an average price of $79.52 on December 2, 2015. The total amount of the transaction was worth $347,184, according to the disclosed information 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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