MOO Stock Summary and Trading Ideas (Vaneck Agribusiness ETF | ARCA:MOO)

VanEck Agribusiness ETF (MOO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Agribusiness Index (MVMOOTR), which is intended to track the overall performance of companies involved in: (i) agri-chemicals, animal health and fertilizers, seeds and traits, from farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and plantations (including grain, oil palms, sugar cane, tobacco leafs, grapevines, etc.), and trading of agricultural products.

Vaneck Agribusiness ETF trades on the ARCA stock market under the symbol MOO.

As of April 24, 2024, MOO stock price declined to $71.38 with 17,074 million shares trading.

MOO has a beta of 0.82, meaning it tends to be less sensitive to market movements. MOO has a correlation of 0.42 to the broad based SPY ETF.

MOO has a market cap of $770.90 million. This is considered a Small Cap stock.

In the last 3 years, MOO stock traded as high as $109.19 and as low as $69.93.

MOO has underperformed the market in the last year with a price return of -14.4% while the SPY ETF gained +23.8%. MOO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.1% and -5.5%, respectively, while the SPY returned +4.2% and -3.1%, respectively.

MOO support price is $71.31 and resistance is $72.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MOO stock will trade within this expected range on the day.