DuPont (DD) is Downgraded by Citigroup to Neutral

DuPont (DD) is Downgraded by Citigroup to Neutral , according to the research report released to the investors. Earlier the firm had a rating of Buy on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.

E. I. du Pont de Nemours and Company is up 38.53% in the last 3-month period. Year-to-Date the stock performance stands at -2.69%.The company shares have dropped -3.81% from its 1 Year high price. On Mar 13, 2015, the shares registered one year high at $76.59 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $67.18 and the 200 Day Moving Average price is recorded at $58.88.

Shares of E.I. du Pont de Nemours and Company (NYSE:DD) appreciated by 0.3% during the past week but lost 1.7% on a 4-week basis. In the past week, the shares have outperformed the S&P 500 by 1.14% and the outperformance increases to 0.6% for the last 4 weeks.

Shares of E.I. du Pont de Nemours and Company (NYSE:DD) ended Thursday session in red amid volatile trading. The shares closed down 0.73 points or 1.08% at $66.6 with 2,777,891 shares getting traded. Post opening the session at $67.2, the shares hit an intraday low of $66.58 and an intraday high of $67.635 and the price vacillated in this range throughout the day. The company has a market cap of $58,369 million and the number of outstanding shares have been calculated to be 876,407,000 shares. The 52-week high of E.I. du Pont de Nemours and Company (NYSE:DD) is $76.614339 and the 52-week low is $47.11.

Currently the company Insiders own 0.38% of E.I. du Pont de Nemours and Company shares according to the proxy statements. Institutional Investors own 68.43% of E.I. du Pont de Nemours and Company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Thomas Lee M, director of Dupont E I De Nemours & Co, executed a transaction worth $96,961 on February 24, 2015. A total of 1,245 shares were purchased at an average price of $77.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Dupont E I De Nemours & Co, formerly E. I. du Pont de Nemours and Company, manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company. The Companys segments are Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Chemicals, Performance Coatings, Performance Materials, Safety & Protection and Pharmaceuticals. During the year ended December 31, 2011, the Electronics & Communications segment completed the acquisition of Innovalight, Inc., a company specializing in advanced silicon inks and process technologies that increase the efficiency of crystalline silicon solar cells. As of September 22, 2011, it acquired Danisco A/S (Danisco), a global enzyme and specialty food ingredients company. In May 2012, it acquired from Bunge full ownership of the Solae, LLC joint venture. In February 2013, the Company sold DuPont Performance Coatings.