Large Outflow of Money Witnessed in Monsanto Company

Monsanto Company (MON) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (14.24 million) in Monsanto Company (MON). On Wednesday, The value of composite uptick trades was $59.21 million, whereas, the value of composite downtick trades was $73.45 million and the ratio between the two was 0.81, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $18.08 million. $12.14 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.67. The negative money flow of ($5.94 million) shows selling on strength. Monsanto Company (MON) gained $0.31 intraday at $102.56 and registrered 0.3% for the week.

Monsanto

Monsanto Company has lost 1.72% in the last five trading days and dropped 4.63% in the last 4 weeks. Monsanto Company has dropped 0.39% during the last 3-month period . Year-to-Date the stock performance stands at 5.91%.

Monsanto Company (MON) : 12 analysts are covering Monsanto Company (MON) and their average rating on the stock is 1.92, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Monsanto Company (NYSE:MON): The stock opened at $102.89 and touched an intraday high of $102.89 on Wednesday. During the day, the stock corrected to an intraday low of $101.6511, however, the bulls stepped in and pushed the price higher to close in the green at $102.56 with a gain of 0.30% for the day. The total traded volume for the day was 3,103,305. The stock had closed at $102.25 in the previous trading session.

Monsanto Company (Monsanto) is a provider of agricultural products for farmers. The Companys seeds, biotechnology trait products, and herbicides provide farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics, and Agricultural Productivity. Through its Seeds and Genomics segment, it produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and it develops biotechnology traits that assist farmers in controlling insects and weeds. Through its Agricultural Productivity segment, it manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.