Shares of Potash Corporation of Saskatchewan (POT) Sees Large Outflow of Money

Potash Corporation of Saskatchewan (POT) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.5 million) and the uptick to downtick ratio was 0.63. The transaction value on upticks was $2.59 million and on downticks, the transaction value was $4.09 million. The transaction value of block trades during downticks was $1.66 million. The money flow was negative ($1.66 million), indicating the traders were booking profit on the price strength. Potash Corporation of Saskatchewan (POT) rose $0.31 at $16.52, during intraday Monday , a rise of 1.88% over the previous days close.


Shares of Potash Corporation of Saskatchewan Inc. appreciated by 2.5% during the last five trading days but lost 2.67% on a 4-week basis. Potash Corporation of Saskatchewan Inc. is up 6.14% in the last 3-month period. Year-to-Date the stock performance stands at 3.82%.

Potash Corporation of Saskatchewan (NYSE:POT): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.26 and $16.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.80, notching a gain of 3.64% for the day. The total traded volume was 6,685,638 . The stock had closed at $16.21 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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