MOSAIC CO. (MOS) likely to slip further on poor Q1 results

MOSAIC CoMPANY (NYSE: MOS) is expect to show a major correction following a disappointing financial performanance that MOS has posted for its fiscal Q1 results ended Septmber.

MOSAIC COMPANY (MOS) has mopped up net profits of $100.6 million, as against $1.18 billion for the same quarter in the last year.

Even the MOS stock is already showing weakness on charts, as at $45.9, it is currently quoting well below its 20 days and 50 days moving average.