Itafos (OTCMKTS:MBCF) Stock Price Up 1.2% – Here’s Why

Itafos Inc. (OTCMKTS:MBCFGet Free Report) shares shot up 1.2% during trading on Wednesday . The stock traded as high as $1.59 and last traded at $1.50. 13,033 shares changed hands during trading, an increase of 76% from the average session volume of 7,402 shares. The stock had previously closed at $1.48.

Itafos Trading Up 1.2 %

The company’s fifty day moving average is $1.37 and its 200 day moving average is $1.26.

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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