Itafos (OTCMKTS:MBCF) Shares Down 1% – Here’s What Happened

Itafos Inc. (OTCMKTS:MBCFGet Free Report)’s stock price was down 1% during mid-day trading on Wednesday . The company traded as low as $2.03 and last traded at $2.03. Approximately 2,599 shares traded hands during trading, a decline of 70% from the average daily volume of 8,705 shares. The stock had previously closed at $2.05.

Itafos Stock Performance

The stock’s 50 day simple moving average is $2.09 and its 200-day simple moving average is $1.86.

About Itafos

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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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