Mosaic Company (The) (MOS) : Traders are bullish on Mosaic Company (The) (MOS) as it has outperformed the S&P 500 by a wide margin of 4.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1% in the last 1 week, and is up 7.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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 $26.65 and $26.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.27, notching a gain of 3.14% for the day. The total traded volume was 6,205,807 . The stock had closed at $26.44 on the previous day.
The stock has recorded a 20-day Moving Average of 1.77% and the 50-Day Moving Average is 1.22%. The Mosaic Company is up 6.06% in the last 3-month period. Year-to-Date the stock performance stands at 0.95%.
Mosaic Company (The) (MOS) : The consensus price target for Mosaic Company (The) (MOS) is $29.67 for the short term with a standard deviation of $7.98. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $48, however, the pessimist price target for the company is $21.
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.