CF Industries Holdings (NYSE:CF) has tumbled 3.01% during the past week and has dropped 0.84% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.85%. CF Industries Holdings (NYSE:CF) has underperformed the index by 1.74% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
CF Industries Holdings (NYSE:CF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.65 and $27.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.35, notching a gain of 2.75% for the day. The total traded volume was 6,613,152 . The stock had closed at $27.59 on the previous day.
The company shares have dropped -55.83% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $70.32 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $29.43 and the 200 Day Moving Average price is recorded at $33.30.
On the companys insider trading activities, Arzbaecher Robert C, director of Cf Industries Holdings, Inc., executed a transaction worth $483,700 on May 24, 2016. A total of 17,275 shares were purchased at an average price of $28. 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.
Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, UBS maintains its outlook on CF Industries Holdings (NYSE:CF). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $33 per share to $29 per share. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 0.84% of CF Industries Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 42.72% . Institutional Investors own 97.95% of CF Industries Holdings shares. During last six month period, the net percent change held by insiders has seen a change of 29.99%.
CF Industries Holdings, Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia, granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN), diesel exhaust fluid (DEF), urea liquor and aqua ammonia. The Companys customers include cooperatives, independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States, one in Medicine Hat, Alberta, Canada and one in Courtright, Ontario, Canada. It also has a 75.3% interest in Terra Nitrogen Company, L.P. (TNCLP) and its subsidiary, TNLP, which owns a nitrogen fertilizer facility in Verdigris, Oklahoma.