Itafos (OTCMKTS:MBCF) Trading Down 1.3% – Here’s Why

Itafos Inc. (OTCMKTS:MBCFGet Free Report)’s stock price was down 1.3% on Thursday . The stock traded as low as $1.57 and last traded at $1.57. Approximately 1,600 shares were traded during trading, a decline of 81% from the average daily volume of 8,467 shares. The stock had previously closed at $1.59.

Itafos Stock Performance

The stock’s 50-day simple moving average is $1.46 and its two-hundred day simple moving average is $1.30.

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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