Shares of Potash Corporation of Saskatchewan (POT) Sees Large Inflow of Net Money Flow

Potash Corporation of Saskatchewan (POT) : The money flow analysis of Potash Corporation of Saskatchewan (POT) indicates a $10.35 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $14.24 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.38 and so was the total money flow at $3.89 million. A solid up-down ratio of 1.62 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $10.71 million worth of block trades on upticks. Only $6.61 million worth of the stock exchanged hands on downticks. The money flow was $4.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Potash Corporation of Saskatchewan (POT), pushing it down by -0.12% for the day. The stock slid $0.02 and traded at $17.09 during the day. Nonetheless, the stock is -0.98% over the previous weeks close.


Potash Corporation of Saskatchewan (POT) : The highest short term price target forecast on Potash Corporation of Saskatchewan (POT) is $23 and the lowest target price is $11. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $16.5 with a standard deviation of $3.75.

Potash Corporation of Saskatchewan (NYSE:POT): On Fridays trading session , Opening price of the stock was $17.08 with an intraday high of $17.24. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.93. However, the stock managed to close at $16.97, a loss of 0.82% for the day. On the previous day, the stock had closed at $17.11. The total traded volume of the day was 11,841,133 shares.

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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