Monsanto Company (MON) has risen sharply, recording gains of 1.74% in the past 4 weeks. However, the stock has corrected -1.57% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.73% and the 50-Day Moving Average is 0.17%. Monsanto Company (NYSE:MON): On Fridays trading session , Opening price of the stock was $105.92 with an intraday high of $106.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $104.44. However, the stock managed to close at $105.25, a loss of 0.63% for the day. On the previous day, the stock had closed at $105.92. The total traded volume of the day was 1,249,560 shares.
The company Insiders own 0.88% of Monsanto Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -45.03% . Institutional Investors own 78.41% of Monsanto Company shares. During last six month period, the net percent change held by insiders has seen a change of -10.62%. Also, Monness Crespi Hardt upgrades their rating on the shares of Monsanto Company (NYSE:MON). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 8, 2016.
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.