Mosaic Company (The) (NYSE:MOS) has tumbled 0.85% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.08% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.34% and the outperformance has advanced to 2.14% for the last 4 weeks period.
Mosaic Company (The) (NYSE:MOS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.93 and $25.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.74, notching a gain of 3.24% for the day. The total traded volume was 6,420,687 . The stock had closed at $25.90 on the previous day.
The company shares have dropped -40.56% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $47.13 and the one year low was seen on Feb 2, 2016. The 50-Day Moving Average price is $26.42 and the 200 Day Moving Average price is recorded at $26.85.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP -Finance) of Mosaic Co, Brausen Anthony T had sold 19,716 shares worth of $507,096 in a transaction dated June 2, 2016. In this transaction, 19,716 shares were sold at $25.72 per share.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Stifel Nicolaus downgrades its ratings on Mosaic Company (The) (NYSE:MOS). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on May 31, 2016. Currently the company Insiders own 0.52% of Mosaic Company (The) shares according to the proxy statements. Institutional Investors own 88.27% of Mosaic Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of 33.89%.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a single source supplier of phosphate and potash-based crop nutrients and animal feed ingredients. It operates in two segments. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients. The Potash segment owns and operates potash mines and production facilities in Canada and the United States, which produce potash-based crop nutrients, animal feed ingredients and industrial products. It mines phosphate rock in Florida and process rock into finished phosphate products at facilities in Florida and Louisiana. It also mines potash in Saskatchewan and New Mexico. The Company has other production, blending or distribution operations in Brazil, China, India and Paraguay.