Large Inflow of Money Witnessed in Potash Corporation of Saskatchewan

Potash Corporation of Saskatchewan (NYSE:POT): $3.86 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.37. The value of trades done on upticks was $14.21 million, whereas, trades done on downticks were valued at $10.35 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.57 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.59 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 4.36 was strongly in favor of the bulls. The money flow in block trades was $1.98 million. Potash Corporation of Saskatchewan (NYSE:POT) fell $0.06 traded at $15.84, a change of -0.38% over the previous day. The stock is -6.11% for the week.


Currently the company Insiders own 3.09% of Potash Corporation of Saskatchewan shares according to the proxy statements. Institutional Investors own 57.82% of Potash Corporation of Saskatchewan shares.

The company shares have dropped -48.99% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $31.29 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $16.66 and the 200 Day Moving Average price is recorded at $16.86. Potash Corporation of Saskatchewan (NYSE:POT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.14 and $15.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.04, notching a gain of 0.88% for the day. The total traded volume was 8,552,976 . The stock had closed at $15.90 on the previous day.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash, nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The Companys phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.

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