Itafos (OTCMKTS:MBCF) Stock Price Up 2.5% – Still a Buy?

Itafos Inc. (OTCMKTS:MBCFGet Free Report) was up 2.5% during mid-day trading on Thursday . The company traded as high as $2.03 and last traded at $2.03. Approximately 6,222 shares changed hands during trading, a decline of 29% from the average daily volume of 8,705 shares. The stock had previously closed at $1.98.

Itafos Stock Performance

The business’s fifty day moving average price is $1.75 and its 200-day moving average price is $1.53.

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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