Potash Corporation of Saskatchewan (POT) has risen sharply, recording gains of 2.82% in the past 4 weeks. However, the stock has corrected -0.87% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.04% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.02% and the fifty day Moving Average is 2.12%. Potash Corporation of Saskatchewan Inc. has dropped 1.66% during the last three month period . Year-to-Date the stock performance stands at -0.87%.
Potash Corporation of Saskatchewan (POT) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $23 and the lowest price target forecast is $11. The average forecast of all the analysts is $16.05 and the expected standard deviation is $3.45.
Potash Corporation of Saskatchewan (NYSE:POT): On Fridays trading session , Opening price of the stock was $16.63 with an intraday high of $16.65. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.97. However, the stock managed to close at $16.04, a loss of 2.67% for the day. On the previous day, the stock had closed at $16.48. The total traded volume of the day was 7,342,218 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.