Stocks of Mosaic Company (NYSE:MOS) traded higher last session on Wall Street, down -1.75% to $27.59.
MOS stock price is now 4.25% away from the 50-day moving average and -5.10% away from the 200-day moving average. The market capitalization of the company currently stands at $8.79B.
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With the price target of $39, Wolfe Research recently initiated with Outperform rating for Mosaic Company (NYSE: MOS). On February 29, 2024, Piper Sandler Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $42 to quote $32, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, Precourt Walter F. III, SVP – Chief Admin Officer sold 39,748 shares of the company’s stock on Aug 13 ’24. The stock was sold for $1,111,478 at an average price of $27.96. Upon completion of the transaction, the SVP – Chief Admin Officer now directly owns 136,682 shares in the company, valued at $3.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 12 ’24, Director WESTBROOK KELVIN R sold 12,666 shares of the business’s stock. A total of $346,042 was realized by selling the stock at an average price of $27.32. This leaves the insider owning 34,359 shares of the company worth $0.95 million. A total of 0.68% of the company’s stock is owned by insiders.
During the past 12 months, Mosaic Company has had a low of $24.11 and a high of $38.30. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.16, and a quick ratio of 0.54. The fifty day moving average price for MOS is $26.4912 and a two-hundred day moving average price translates $29.09495 for the stock.
The latest earnings results from Mosaic Company (NYSE: MOS) was released for 2024-06-30. The net profit margin was 2.01% and return on equity was 2.03% for MOS. The company reported revenue of $2.82 billion for the quarter, compared to $3.39 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.01 percent.
