Shares of Archer-Daniels-Midland Company (ADM) Sees Large Outflow of Money

Archer-Daniels-Midland Company (ADM) : The total negative money flow of $3.52 million on Thursday indicates selling on strength. The inflow of money on upticks was $13.93 million, compared to $17.45 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.8. The negative money flow of $2.68 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $2.17 million in a block trade.The transaction value of block trade on downtick was $4.86 million. The uptick to downtick ratio was 0.45. The price action in the Archer-Daniels-Midland Company (ADM) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $43.46 with a gain of $0.36 , a change of 0.84% over the previous days close. The stock registered -0.05% for the week.


The stock has recorded a 20-day Moving Average of 3.26% and the 50-Day Moving Average is 5.53%. Shares have dropped -9.14% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $49.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $42.39 and the 200 Day Moving Average price is recorded at $37.60.

Archer-Daniels-Midland Company (NYSE:ADM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.35 and $43.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.48, notching a gain of 0.88% for the day. The total traded volume was 2,840,197 . The stock had closed at $43.10 on the previous day.

In an insider trading activity, Taets Joseph D., officer (Senior Vice President) of Archer Daniels Midland Co, unloaded 3,867 shares at an average price of $43 on May 26, 2016. The total amount of the transaction was worth $166,281, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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