E I Du Pont De Nemours And Co (DD) was Upgraded by Citigroup to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Citigroup advised their investors in a research report released on Oct 3, 2016.
On the company’s financial health, E I Du Pont De Nemours And Co reported $1.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.10. The company had revenue of $7061.00 million for the quarter, compared to analysts expectations of $6979.50 million. The company’s revenue was down -.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS.
E I Du Pont De Nemours And Co opened for trading at $66.76 and hit $67.43 on the upside on Friday, eventually ending the session at $66.97, with a gain of 0.90% or 0.6 points. The heightened volatility saw the trading volume jump to 29,32,141 shares. Company has a market cap of $58,554 M.
In a different news, on Sep 14, 2016, Lee M Thomas (director) purchased 75 shares at $64.10 per share price. According to the SEC, on Mar 10, 2016, Christopher Marc Doyle (Executive Vice President) sold 1,325 shares at $63.00 per share price. On May 20, 2015, Lois D Juliber (director) purchased 1,000 shares at $70.13 per share price, according to the Form-4 filing with the securities and exchange commission.
E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Company’s subsidiaries and affiliates conduct manufacturing seed production or selling activities and distribute products manufactured by the Company. The Company’s segments include Agriculture Electronics & Communications Industrial Biosciences Nutrition & Health Performance Materials and Safety & Protection. The Company’s other business operations include various embryonic businesses such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields including biology chemistry engineering and materials science. The Company’s brands include Pioneer DuPont Teflon Capstone Opteon yf Isceon Suva Vazo Vertrel Virkon Viton Zyron and Bynel coextrudable adhesive resins Elvax EVA resins DuPont Kevlar Nomex and Tyvek.