Trader Alert: Unusual Volume Spotted in The Dow Chemical Company (NYSE:DOW)

The Dow Jones Industrial Average broke a 30-year record by closing at a tenth consecutive all-time high ending the day up 0.2 percent

The share price has moved forward from its 20 days moving average 1.37% and positively from its 50 days moving average 4.10%. Smithfield Trust Co. now owns 1,941 shares of the company's stock worth $101,000 after buying an additional 241 shares during the period. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.10% with $1.21 Billion sitting short, betting on future declines. Likewise, the positive performance for the quarter was recorded as 15.64% and for the year was 32.37%, while the YTD performance remained at 6.99%. Barometer Capital Management Inc. boosted its stake in shares of Dow Chemical Company (The) by 35.1% in the fourth quarter. The share price is now -0.79 percent versus its SMA20, -2.85 percent versus its SMA50, and 8.65 percent versus its SMA200. NN Investment Partners Holdings N.V. now owns 200,512 shares of the company's stock worth $11,473,000 after buying an additional 1,580 shares in the last quarter. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 18.64. Of particular concern is combining the two companies' agricultural businesses which sell seeds and crop protection chemicals, including insecticides and pesticides. The Market Cap of the company stands at 74.51 Billion.

Dow Chemical Co Last issued its quarterly earnings results on Jan 26, 2017. Ngam Advisors L.P. raised its position in Dow Chemical Company (The) by 37.4% in the second quarter.

European Union antitrust regulators are set to clear the $130 billion merger of Dow Chemical and DuPont, two people familiar with the matter said on Wednesday, after the companies made minor changes to their concessions. The share price was last updated to $61.22 with a loss of -0.04 points or -0.07%. During the same quarter in the prior year, the firm earned $0.93 EPS.

DuPont rose 4.1% to 80.34 in afternoon trading on the stock market today, hitting its best levels in almost 19 years.




The firm also recently announced a quarterly dividend, which will be paid on Friday, April 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Wednesday, March 29th. If you are viewing this piece of content on another publication, it was stolen and republished in violation of USA & worldwide copyright laws. The original version of this piece of content can be viewed at [[permalink]].

Several analysts are now covering the company. Barclays PLC reiterated a "hold" rating and issued a $65.00 target price on shares of Dow Chemical Company (The) in a research report on Sunday, January 29th. Vetr upgraded shares of Dow Chemical Company (The) from a "sell" rating to a "hold" rating and set a $57.94 price objective for the company in a report on Wednesday, February 8th. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 5 analyst of Thomson Reuters, 6 analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. The mean price target is $105.3 (according to consensus of 17 analysts).

Dow AgroSciences' Enlist herbicide tolerance traits and formulation innovations patent portfolio continues to grow in the United States and other key geographies.

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