Itafos (OTCMKTS:MBCF) Trading Down 1.3% – Here’s Why

Shares of Itafos Inc. (OTCMKTS:MBCFGet Free Report) fell 1.3% on Thursday . The stock traded as low as $1.57 and last traded at $1.57. 1,600 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 8,467 shares. The stock had previously closed at $1.59.

Itafos Stock Performance

The business has a 50-day moving average price of $1.45 and a 200-day moving average price of $1.30.

Itafos Company Profile

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Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.

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