New Lifetime High Reached: Archer-Daniels Midland (ADM)

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Trade-Ideas LLC identified Archer-Daniels Midland ( ADM) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Archer-Daniels Midland as such a stock due to the following factors:

  • ADM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $134.3 million.
  • ADM has traded 484,485 shares today.
  • ADM is trading at a new lifetime high.

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More details on ADM:

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company's Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals. The stock currently has a dividend yield of 2.1%. ADM has a PE ratio of 23.2. Currently there are 5 analysts that rate Archer-Daniels Midland a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for Archer-Daniels Midland has been 2.8 million shares per day over the past 30 days. Archer-Daniels Midland has a market cap of $30.5 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 1.00 and a short float of 0.9% with 2.60 days to cover. Shares are up 8.2% year-to-date as of the close of trading on Monday.

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