Deere & Company (NYSE:DE) : During the past 4 weeks, traders have been relatively bearish on Deere & Company (NYSE:DE), hence the stock is down -6.99% 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 -1.18% relative to the S&P 500. The stock has risen by 0.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.49% in the past 4 weeks.
The company shares have dropped -15.89% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $97.56 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $82.83 and the 200 Day Moving Average price is recorded at $80.05.
The stock has recorded a 20-day Moving Average of 2.09% and the 50-Day Moving Average is 1.75%.
Deere & Company (NYSE:DE): stock turned positive on Friday. Though the stock opened at $80.22, the bulls momentum made the stock top out at $81.09 level for the day. The stock recorded a low of $80 and closed the trading day at $80.97, in the green by 2.02%. The total traded volume for the day was 1,974,902. The stock had closed at $79.37 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Kalathur Rajesh, officer (Senior Vice President & CFO) of Deere & Co, had unloaded 4,366 shares at an average price of $79.52 in a transaction dated on December 2, 2015. The total value of the transaction was worth $347,184.
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.