Shares of Iofina plc (LON:IOF - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 21.35 ($0.29) and traded as high as GBX 25.70 ($0.35). Iofina shares last traded at GBX 24.70 ($0.34), with a volume of 196,731 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 37.50 ($0.51) price objective on shares of Iofina in a report on Thursday, April 17th.
Check Out Our Latest Stock Report on Iofina
Iofina Trading Down 2.2%
The company has a market capitalization of £59.30 million, a PE ratio of 17.33 and a beta of 0.71. The company has a debt-to-equity ratio of 11.11, a current ratio of 2.60 and a quick ratio of 1.56. The company's fifty day moving average is GBX 22.75 and its 200-day moving average is GBX 21.35.
About Iofina
(
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Iofina plc is a vertically integrated company that specialises in the production of Iodine and the manufacturing of specialty chemical products and derivatives. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities, Iofina Resources, and Iofina Chemical.
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