Corteva Inc (CTVA) concluded trading on Wednesday at a closing price of $65.00, with 4.18 million shares of worth about $271.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.20% during that period and on January 29, 2025 the price saw a gain of about 1.12%. Currently the company’s common shares owned by public are about 689.17M shares, out of which, 686.15M shares are available for trading.
Stock saw a price change of 3.98% in past 5 days and over the past one month there was a price change of 13.18%. Year-to-date (YTD), CTVA shares are showing a performance of 14.12% which increased to 41.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.30 but also hit the highest price of $64.86 during that period. The average intraday trading volume for Corteva Inc shares is 3.37 million. The stock is currently trading 7.68% above its 20-day simple moving average (SMA20), while that difference is up 8.77% for SMA50 and it goes to 14.77% higher than SMA200.
Corteva Inc (NYSE: CTVA) currently have 689.17M outstanding shares and institutions hold larger chunk of about 85.14% of that.
The stock has a current market capitalization of $44.67B and its 3Y-monthly beta is at 0.79. PE ratio of stock for trailing 12 months is 65.86, while it has posted earnings per share of $0.99 in the same period. Its PEG reads 6.01 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CTVA, volatility over the week remained 1.83% while standing at 1.97% over the month.
Stock’s fiscal year EPS is expected to drop by -5.20% while it is estimated to increase by 24.88% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on October 23, 2024 offering a Buy rating for the stock and assigned a target price of $68 to it. Coverage by BofA Securities stated Corteva Inc (CTVA) stock as a Buy in their note to investors on October 16, 2024, suggesting a price target of $67 for the stock. On August 07, 2024, Argus Downgrade their recommendations, while on April 12, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $57. Stock get an Outperform rating from Wolfe Research on March 01, 2024.
