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

Potash Corporation of Saskatchewan (POT) : The total money flow in Potash Corporation of Saskatchewan (POT) was negative ($0.96 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $1.6 million. Transactions on upticks were comparatively lower at $0.63 million. The uptick to downtick ratio was 0.4. The total block trades on downticks were valued at $1 million. The money flow during block trades was negative ($1 million) when the stock traded with a gain of $23 cent. Potash Corporation of Saskatchewan (POT) was $16.36, an increase of 1.43% over the previous days close.


Potash Corporation of Saskatchewan (POT) : 10 Wall Street analysts covering Potash Corporation of Saskatchewan (POT) believe that the average level the stock could reach for the short term is $16.7. The maximum price target given is $23 and the minimum target for short term is around $11, hence the standard deviation is calculated at $3.53. The stock has recorded a 20-day Moving Average of 4.08% and the 50-Day Moving Average is 4.12%.

Potash Corporation of Saskatchewan (NYSE:POT): The stock opened at $16.31 on Thursday but the bulls could not build on the opening and the stock topped out at $16.40 for the day. The stock traded down to $15.91 during the day, due to lack of any buying support eventually closed down at $16.00 with a loss of -0.81% for the day. The stock had closed at $16.13 on the previous day. The total traded volume was 8,033,707 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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