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Shares of Archer-Daniels-Midland Company ADM traded at a new 12-month high today of $71.40. Approximately 233,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.
Archer-Daniels-Midland Company is currently priced 32.4% above its average consensus analyst price target of $48.20.
Archer-Daniels-Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. Additionally, the company owns an extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients.
Over the past year, Archer-Daniels-Midland Company has traded in a range of $49.28 to $71.40 and is now at $71.27, 45% above that low.
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