Potash Corporation of Saskatchewan (POT) Shares are Down -0.19%

Potash Corporation of Saskatchewan (POT) : During the past 4 weeks, traders have been relatively bearish on Potash Corporation of Saskatchewan (POT), hence the stock is down -5.02% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.15% relative to the S&P 500. The 4-week change in the price of the stock is -4.66% and the stock has fallen -0.19% in the past 1 week.

Potash Corporation of Saskatchewan Inc. has dropped 0.56% during the last 3-month period . Year-to-Date the stock performance stands at -0.01%. The stock has recorded a 20-day Moving Average of 0.77% and the 50-Day Moving Average is 1.44%.


Potash Corporation of Saskatchewan (NYSE:POT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.98 and $15.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.18, notching a gain of 0.37% for the day. The total traded volume was 7,080,548 . The stock had closed at $16.12 on the previous day.

Also, UBS maintains its rating on Potash Corporation of Saskatchewan (NYSE:POT). The global brokerage major lowers the current price target from $21 per share to $19 per share. Analysts at the UBS have a current rating of Buy on the shares. The rating by the firm was issued on July 29, 2016.

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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