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Itafos (CVE:IFOS) Trading Down 6.8% - Here's What Happened

Itafos logo with Basic Materials background

Itafos Inc. (CVE:IFOS - Get Free Report) shares were down 6.8% during mid-day trading on Monday . The stock traded as low as C$2.82 and last traded at C$2.87. Approximately 96,511 shares traded hands during trading, an increase of 171% from the average daily volume of 35,662 shares. The stock had previously closed at C$3.08.

Itafos Price Performance

The firm has a 50 day moving average of C$2.45 and a 200-day moving average of C$2.19. The company has a market cap of C$389.54 million, a P/E ratio of 39.81 and a beta of -0.95. The company has a current ratio of 2.66, a quick ratio of 0.73 and a debt-to-equity ratio of 31.70.

About Itafos

(Get Free Report)

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.

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