Mosaic Company (The) (MOS) has been under a strong bear grip, hence the stock is down -1.12% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.31% in the past 1 week. The stock has risen by 3.27% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.74% in the past 4 weeks.
The Mosaic Company is up 9.38% in the last 3-month period. Year-to-Date the stock performance stands at 3.91%. The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 3.15%.
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 $27.65 and $27.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.07, notching a gain of 0.39% for the day. The total traded volume was 3,010,287 . The stock had closed at $27.96 on the previous day.
Also, In the latest statement by the brokerage house, Susquehanna downgrades its outlook on Mosaic Company (The) (NYSE:MOS). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Positive. The rating by the firm was issued on August 17, 2016.
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.