Taking a Fresh Look at Archer-Daniels-Midland Company (ADM)

Archer-Daniels-Midland Company (ADM) is an interesting player in the Consumer Goods space, with a focus on Farm Products. The stock has been active on the tape, currently trading at $40.56, up from yesterday’s close by 1.63%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Archer-Daniels-Midland Company (ADM) currently trades with a market capitalization of $22.84 Billion. That value represents a market adjusting for revenues that have been falling by -6.35 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.51 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.71 on a per share basis this quarter. Perhaps, that suggests something about why 2.22% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Archer-Daniels-Midland Company recorded a 52-week high of $47.44. It is now trading 6.88% off that level. The stock is trading $40.10 its 50-day moving average by -0.46%. The stock carved out a 52-week low down at $38.59.

In recent action, Archer-Daniels-Midland Company (ADM) has made a move of -2.90% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.19% with $546.42 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ADM.

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