Here’s Why Ag Stocks are Spiking Now

Shares of Agria (NYSE:GRO) take off on trading volume 10 times normal after the China-based agriculture firm reports impressive six-month results including a 182% gain in its seeds business stimulated by higher average selling prices and growing sales volumes.

Here’s how ag stocks are trading on the news:

Agria Corporation (NYSE:GRO): GRO shares recently traded at $1.38, up $0.32, or 30.19%. They have traded in a 52-week range of $0.63 to $2.12. Volume today was 940,084 shares versus a 3-month average volume of 118,438 shares. The company’s trailing earnings are $-0.16 per share. Get the most recent company news and stock data here >>

Origin Agritech Limited (NASDAQ:SEED): SEED shares recently traded at $2.57, up $0.1, or 4.05%. They have traded in a 52-week range of $2.10 to $11.86. Volume today was 26,471 shares versus a 3-month average volume of 73,553 shares. The company’s trailing earnings are $-0.36 per share. Get the most recent company news and stock data here >>

Mosaic Co. (NYSE:MOS): MOS shares recently traded at $47.95, up $0.63, or 1.33%. They have traded in a 52-week range of $44.86 to $89.24. Volume today was 2,383,562 shares versus a 3-month average volume of 7,616,110 shares. The company’s trailing P/E is 7.84, while trailing earnings are $6.12 per share. Get the most recent company news and stock data here >>

Potash Corp. of Saskatchewan, Inc. (NYSE:POT): POT shares recently traded at $39.01, up $0.21, or 0.54%. They have traded in a 52-week range of $38.42 to $63.97. Volume today was 2,920,533 shares versus a 3-month average volume of 8,753,010 shares. The company’s trailing P/E is 11.77, while trailing earnings are $3.32 per share. Get the most recent company news and stock data here >>

Agrium Inc. (NYSE:AGU): AGU shares recently traded at $65.26, up $0.47, or 0.73%. They have traded in a 52-week range of $60.15 to $99.14. Volume today was 365,009 shares versus a 3-month average volume of 1,501,030 shares. The company’s trailing P/E is 7.81, while trailing earnings are $8.36 per share. Get the most recent company news and stock data here >>

More from The Cheat Sheet