Promising Agriculture Stocks To Follow Today – November 4th

Deere & Company, Corteva, Valmont Industries, Gates Industrial, CEA Industries, CEA Industries, and Hydrofarm Holdings Group are the seven Agriculture stocks to watch today, according to MarketBeat’s stock screener tool. Agriculture stocks are shares of publicly traded companies involved in farming, food production, agricultural equipment, fertilizers, seeds, livestock, or related supply chains. Investors may consider these stocks as a way to gain exposure to trends such as global food demand, commodity prices, weather conditions, and technological advances in agriculture. These companies had the highest dollar trading volume of any Agriculture stocks within the last several days.

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Shares of DE stock traded up $9.01 during trading hours on Wednesday, reaching $674.84. The company had a trading volume of 587,750 shares, compared to its average volume of 1,338,343. The stock’s fifty day simple moving average is $664.52 and its 200 day simple moving average is $605.77. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10. The company has a market capitalization of $181.95 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 1.89 and a beta of 0.89. Deere & Company has a twelve month low of $455.90 and a twelve month high of $721.22.

Corteva (CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.

Shares of NYSE:CTVA traded up $0.32 during trading hours on Wednesday, hitting $12.20. The stock had a trading volume of 8,677,448 shares, compared to its average volume of 7,677,127. Corteva has a 1-year low of $11.24 and a 1-year high of $90.97. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.10 and a current ratio of 1.52. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 1.67 and a beta of 0.58. The stock’s fifty day simple moving average is $49.07 and its 200 day simple moving average is $71.96.

Valmont Industries (VMI)

Valmont Industries, Inc. operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.

Shares of VMI traded down $21.25 during mid-day trading on Wednesday, hitting $416.62. 118,400 shares of the company’s stock were exchanged, compared to its average volume of 198,159. The company has a quick ratio of 1.56, a current ratio of 2.41 and a debt-to-equity ratio of 0.43. Valmont Industries has a twelve month low of $378.02 and a twelve month high of $585.71. The firm has a fifty day moving average of $463.15 and a two-hundred day moving average of $477.25. The stock has a market cap of $7.97 billion, a price-to-earnings ratio of 15.46, a P/E/G ratio of 0.96 and a beta of 1.39.

Gates Industrial (GTES)

NYSE:GTES traded down $0.58 during midday trading on Wednesday, reaching $23.99. The stock had a trading volume of 1,142,568 shares, compared to its average volume of 2,173,881. The stock has a market capitalization of $6.02 billion, a P/E ratio of 16.65 and a beta of 1.33. Gates Industrial has a 1-year low of $20.88 and a 1-year high of $30.34. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.41 and a quick ratio of 2.40. The firm’s fifty day simple moving average is $25.98 and its 200-day simple moving average is $25.77.

CEA Industries (CEAD)

CEA Industries Inc. provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.

NASDAQ:CEAD traded up $0.26 during mid-day trading on Wednesday, hitting $4.95. 764,724 shares of the company’s stock traded hands, compared to its average volume of 7,156. The firm has a 50 day moving average of $4.94 and a two-hundred day moving average of $3.66. The firm has a market capitalization of $3.97 million, a price-to-earnings ratio of -1.14 and a beta of 0.54. CEA Industries has a 12 month low of $6.22 and a 12 month high of $10.25.

CEA Industries (BNC)

CEA Industries Inc. provides technology, engineering, and other services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.

Shares of BNC stock traded up $0.07 on Wednesday, reaching $5.02. 606,323 shares of the stock were exchanged, compared to its average volume of 899,968. The stock has a market cap of $244.92 million, a PE ratio of 0.91 and a beta of 0.61. The stock has a 50 day moving average price of $4.98 and a 200 day moving average price of $3.58. CEA Industries has a one year low of $1.84 and a one year high of $7.72.

Hydrofarm Holdings Group (HYFM)

Hydrofarm Holdings Group, Inc., together with its subsidiaries, manufactures and distributes controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company provides agricultural lighting devices, indoor climate control equipment, and nutrients, as well as plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment.

NASDAQ HYFM traded up $0.07 during trading hours on Wednesday, reaching $0.74. 224,788 shares of the company’s stock were exchanged, compared to its average volume of 892,404. The company has a market capitalization of $3.59 million, a price-to-earnings ratio of -0.01 and a beta of 2.53. The company’s 50-day moving average is $0.89 and its two-hundred day moving average is $1.06. Hydrofarm Holdings Group has a one year low of $0.50 and a one year high of $3.20.