Itafos (OTCMKTS:MBCF) Trading Down 4.6% – Here’s What Happened

Itafos Inc. (OTCMKTS:MBCFGet Free Report) fell 4.6% during trading on Friday . The company traded as low as $1.15 and last traded at $1.19. 10,100 shares changed hands during trading, an increase of 28% from the average session volume of 7,887 shares. The stock had previously closed at $1.25.

Itafos Stock Performance

The stock has a 50-day simple moving average of $1.18 and a 200 day simple moving average of $1.06.

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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