KD Logo

Investing in AGCO Corp. (AGCO): What You Must Know

AGCO Corp.’s recent filing unveils that its Director De Lange Bob acquired Company’s shares for reported $0.12 million on Aug 05 ’24. In the deal valued at $87.91 per share,1,420 shares were bought. As a result of this transaction, De Lange Bob now holds 7,007 shares worth roughly $0.61 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Raymond James initiated its AGCO Corp. [AGCO] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. Truist began covering AGCO with “Buy” recommendation on March 14, 2024. Goldman revised its rating on April 03, 2023. It rated AGCO as “a Neutral” which previously was an “a Buy”.

Price Performance Review of AGCO

On Tuesday, AGCO Corp. [NYSE:AGCO] saw its stock fall -0.75% to $86.98. Over the last five days, the stock has lost -9.61%. AGCO Corp. shares have fallen nearly -26.72% since the year began. Nevertheless, the stocks have fallen -31.17% over the past one year. While a 52-week high of $129.97 was reached on 02/06/24, a 52-week low of $84.35 was recorded on 08/05/24. SMA at 50 days reached $99.75, while 200 days put it at $112.33. A total of 1.32 million shares were traded, compared to the trading of 1.2 million shares in the previous session.

Levels Of Support And Resistance For AGCO Stock

The 24-hour chart illustrates a support level at 85.98, which if violated will result in even more drops to 84.97. On the upside, there is a resistance level at 88.38. A further resistance level may holdings at 89.77. The Relative Strength Index (RSI) on the 14-day chart is 28.23, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.37%. Stochastics%K at 12.31% indicates the stock is a buying.

The most recent change occurred on December 22, 2022 when Credit Suisse resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $174.

Most Popular