Potash Corporation of Saskatchewan (POT) : Thursdays money flow analysis of Potash Corporation of Saskatchewan (POT) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $39.43 million. In comparison, the inflow of money on upticks was a meager $28.51 million. The dollar value of composite uptick trades minus the downtick trades was negative $10.91 million. The uptick to downtick ratio of 0.72 in the money flow shows weakness. The uptick block trades were valued at $2.02 million. The downtick transaction value was high at $8.83 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.23. Hence, the net money flow in the stock was negative ($6.81 million). Potash Corporation of Saskatchewan (POT) gained $0.35 at $17.22, a change of 2.07% over the previous days close.
The stock has recorded a 20-day Moving Average of 6.29% and the 50-Day Moving Average is 5.75%. Shares have dropped -45.54% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $29.45 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $16.67 and the 200 Day Moving Average price is recorded at $16.77.
Potash Corporation of Saskatchewan (NYSE:POT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.00 and $16.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.22, notching a gain of 2.07% for the day. The total traded volume was 12,975,086 . The stock had closed at $16.87 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.