Shares of ADM fell by 2.18% or $-0.73/share to $32.68. Archer-Daniels-Midland Company is trading at a price to book ratio of 1.34. The PEG is 1.34. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5891350 shares of ADM exchange hands on a given day and today's volume is recorded at 1192798. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Archer Daniels Midland Company is principally engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
