Mosaic Company (MOS) Reports -36.71% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Mosaic Company (NYSE:MOS) does about 5.05M shares in volume on a normal day but saw 3360464 shares change hands in Monday trading. The company now has a market cap of 9.96B USD. Its current market price is $30.96, marking a decrease of -0.51% compared to the previous close of $31.12. The 52 week high reached by this stock is $48.92 whilst the lowest price level in 52 weeks is $29.25.

Mosaic Company (MOS) has a 20-day trading average at $32.08 and the current price is -36.71% off the 52-week high compared with 5.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $31.41 and its 200-day simple moving average is $35.05. If we look at the stock’s price movements over the week, volatility stands at 2.96%, which decreases to 2.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 41.56 to suggest the stock is neutral.

The consensus objective for the share price is $37.70, suggesting that the stock has a potential upside of 17.88% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 01, 2024 when Wolfe Research initiated the stock to “Outperform” and issued a price target of $39. Piper Sandler downgraded the stock to “Underweight” from Neutral on February 29, 2024 at a price target of $42-$32. Scotiabank upgraded its price target at $40.

Mosaic Company (MOS) stock is down -4.91% over the week and -2.12% over the past month. Its price is -13.35% year-to-date and -33.78% over the past year.

To reach the target analysts have set, the stock logically needs to grow 17.88 percent from here.

The company has a return on investment of 7.42% and return on equity of 9.57%. The price to earnings ratio (P/E ratio) amounts to 8.87 while the forward price to earnings ratio is 9.60. The beta has a value of 1.52. Price to book ratio is 0.82 and price to sales ratio is 0.73.