Syngenta AG (SYT) Sees Unusually-High Trading Volume
Syngenta AG (NYSE:SYT) saw strong trading volume on Wednesday . 904,564 shares changed hands during mid-day trading, an increase of 82% from the previous session’s volume of 498,190 shares.The stock last traded at $79.14 and had previously closed at $79.23.
A number of equities analysts have recently issued reports on the company. Raymond James Financial Inc. upgraded Syngenta AG from a “mkt perform” rating to an “outperform” rating in a report on Friday, July 15th. Zacks Investment Research upgraded Syngenta AG from a “sell” rating to a “hold” rating in a report on Tuesday, June 21st. Finally, Jefferies Group reiterated a “buy” rating on shares of Syngenta AG in a report on Thursday, May 19th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Syngenta AG has a consensus rating of “Buy” and an average price target of $83.73.
The firm’s 50 day moving average is $78.25 and its 200 day moving average is $79.67. The company has a market capitalization of $36.42 billion and a P/E ratio of 30.88.
Other large investors have bought and sold shares of the company. Greenwood Capital Associates LLC acquired a new stake in Syngenta AG during the fourth quarter worth approximately $3,624,000. Trexquant Investment LP boosted its stake in Syngenta AG by 241.2% in the fourth quarter. Trexquant Investment LP now owns 15,100 shares of the company’s stock worth $1,189,000 after buying an additional 10,674 shares in the last quarter. US Bancorp DE boosted its stake in Syngenta AG by 1.5% in the fourth quarter. US Bancorp DE now owns 25,884 shares of the company’s stock worth $2,038,000 after buying an additional 384 shares in the last quarter. Eaton Vance Management boosted its stake in Syngenta AG by 1,355.4% in the fourth quarter. Eaton Vance Management now owns 210,402 shares of the company’s stock worth $16,565,000 after buying an additional 195,945 shares in the last quarter. Finally, Suntrust Banks Inc. boosted its stake in Syngenta AG by 69.6% in the fourth quarter. Suntrust Banks Inc. now owns 20,244 shares of the company’s stock worth $1,593,000 after buying an additional 8,306 shares in the last quarter.
Syngenta AG is an agribusiness operating in the crop protection and seeds business. The Company is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. The Company operates through five segments: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.
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