Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Mosaic Company shares valued at $72,548 were purchased by Ricard Corrine D. on Nov 21 ’24. At $25.97 per share, Ricard Corrine D. acquired 2,793 shares.
Also, Precourt Walter F. III sold 39,748 shares, netting a total of over 1,111,478 in proceeds. Following the sale of shares at $27.96 each, the insider now holds 136,682 shares.
Before that, WESTBROOK KELVIN R had sold 12,666 shares from its account. In a trade valued at $346,042, the Director traded Mosaic Company shares for $27.32 each. Upon closing the transaction, the insider’s holdings decreased to 12,666 shares, worth approximately $0.84 million.
Analysts at Wolfe Research started covering the stock with ‘”an Outperform”‘ outlook in a report released in early March. As of February 29, 2024, Piper Sandler has decreased its “Neutral” rating to a “an Underweight” for MOS. Earlier on February 22, 2024, Scotiabank upgraded its rating. Their new recommendation was “a Sector outperform” for MOS stock which previously was a “a Sector perform”.
Analyzing MOS Stock Performance
During the last five days, there has been a surge of approximately 1.24%. Over the course of the year, Mosaic Company shares have dropped approximately -31.21%. Shares of the company reached a 52-week high of $37.29 on 01/03/24 and a 52-week low of $23.56 on 12/30/24. A 50-day SMA is recorded $26.13, while a 200-day SMA reached $28.09. Nevertheless, trading volume fell to 4.49 million shares from 2.92 million shares the previous day.
Support And Resistance Levels for Mosaic Company (MOS)
According to the 24-hour chart, there is a support level at 24.24, which, if violated, would cause prices to drop to 23.90. In the upper region, resistance lies at 24.85. The next price resistance is at 25.12. RSI (Relative Strength Index) is 43.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.77, which suggests the price will decrease in the coming days. Percent R is at 71.51%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
