Shares of Deere & Company (DE) Sees Large Inflow of Net Money Flow

Deere & Company (DE) : On Monday, The money flowed into the Deere & Company (DE) stock with an uptick to downtick ratio was recorded at 1.21. Transactions worth $23.33 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $19.36 million. The total money flow into the stock was $3.97 million. The block trades reveal a bullish bias with an up-down ratio of 1.77. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $4.01 million of block transactions on upticks. The value of block trades on downticks was $2.27 million, indicating lower selling interest. The total money flow in block trades was $1.74 million. In terms of price action, Deere & Company (DE) traded down $0.05 during the session at $83.36. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 2.95%, over previous weeks closing.


Deere & Company is up 7.83% in the last 3-month period. Year-to-Date the stock performance stands at 11.56%. Shares of Deere & Company appreciated by 3.49% during the last five trading days but lost 0.79% on a 4-week basis. In a related news,The officer (Senior Vice President & CFO) of Deere & Co, Kalathur Rajesh sold 4,366 shares at $79.52 on December 2, 2015. The Insider selling transaction had a total value worth of $347,184. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Deere & Company (NYSE:DE): stock turned positive on Monday. Though the stock opened at $83.21, the bulls momentum made the stock top out at $83.92 level for the day. The stock recorded a low of $81.96 and closed the trading day at $83.82, in the green by 0.49%. The total traded volume for the day was 2,489,129. The stock had closed at $83.41 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published.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