AGCO Corporation (NYSE:AGCO) traded at a new 52-week high today of $156.99. This new high was reached on below average trading volume as 340,000 shares traded hands, while the average 30-day volume is approximately 565,000 shares.
Over the past year, AGCO Corporation has traded in a range of $42.84 to $156.99 and is now at $156.04, 264% above that low.
Based in Duluth, Georgia, Agco is the third- largest agricultural equipment manufacturer, behind Deere and CNH Industrial. It has five principal brands: Massey Ferguson, Challenger, Fendt, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements by offering grain handling systems and livestock management solutions. The company reports segment revenue by geographic region, with North America accounting for 24% of revenue; South America, 9%; Europe/Africa/Middle East, 59%; and Asia/Pacific, 8%. Agco's revenue in 2020 was approximately $9 billion.
AGCO Corporation (NYSE:AGCO) is currently priced 1.3% above its average consensus analyst price target of $153.95.
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