Monsanto Company (MON) has been under a strong bear grip, hence the stock is down -4.88% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.53% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.16% in the last 1 week, and is up 1.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Monsanto Company (NYSE:MON): The stock opened at $106.54 on Friday but the bulls could not build on the opening and the stock topped out at $106.72 for the day. The stock traded down to $105.56 during the day, due to lack of any buying support eventually closed down at $105.68 with a loss of -0.40% for the day. The stock had closed at $106.10 on the previous day. The total traded volume was 1,823,419 shares.
The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 1.13%. Monsanto Company is up 12.94% in the last 3-month period. Year-to-Date the stock performance stands at 9.13%.
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.