Iofina plc (LON:IOF - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 20.34 ($0.27) and traded as high as GBX 24 ($0.32). Iofina shares last traded at GBX 23 ($0.31), with a volume of 228,773 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 37.50 ($0.50) price objective on shares of Iofina in a research note on Thursday, April 17th.
Read Our Latest Analysis on Iofina
Iofina Price Performance
The firm has a market cap of £55.22 million, a PE ratio of 16.14 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 business's fifty day moving average is GBX 21.40 and its 200-day moving average is GBX 20.41.
Iofina Company Profile
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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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