Itafos (OTCMKTS:MBCF) Stock Price Down 3.2% – What’s Next?

Itafos Inc. (OTCMKTS:MBCF – Get Free Report)’s share price traded down 3.2% during mid-day trading on Wednesday. The stock traded as low as $1.43 and last traded at $1.4320. Approximately 39,126 shares were traded during trading, an increase of 349% from the average daily volume of 8,705 shares. The stock had previously closed at $1.48.

Itafos Stock Down 3.2%

The company has a 50 day moving average of $1.59 and a 200 day moving average of $1.99.

About Itafos

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Itafos is a phosphate-focused fertilizer and specialty products company. Its operations include the Conda production site in Idaho, which processes phosphate rock into products for agricultural and industrial markets.

The company’s product portfolio includes phosphate fertilizers such as monoammonium phosphate and ammonium polyphosphate, as well as merchant-grade phosphoric acid and other phosphate-based products. It serves customers in North America and other markets.

Itafos was previously known as MBAC Fertilizer Corp.

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