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

Itafos Inc. (OTCMKTS:MBCFGet Free Report)’s share price dropped 4.6% on Friday . The stock traded as low as $1.15 and last traded at $1.19. Approximately 10,100 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 7,887 shares. The stock had previously closed at $1.25.

Itafos Trading Down 4.6 %

The business’s fifty day moving average is $1.18 and its 200 day moving average is $1.07.

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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