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Itafos (CVE:IFOS) Trading Down 0.7% - Time to Sell?

Itafos logo with Basic Materials background

Key Points

  • Itafos Inc. shares fell by 0.7% to C$2.96 in recent trading, with volume declining by 22% compared to the average.
  • The company's market capitalization stands at C$397.60 million, and it has a PE ratio of 40.63 and a debt-to-equity ratio of 31.70.
  • Itafos operates in the phosphate and specialty fertilizer industry, producing a variety of products including monoammonium phosphate (MAP) and superphosphoric acid.
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Itafos Inc. (CVE:IFOS - Get Free Report) dropped 0.7% on Wednesday . The company traded as low as C$2.94 and last traded at C$2.96. Approximately 29,410 shares traded hands during trading, a decline of 22% from the average daily volume of 37,511 shares. The stock had previously closed at C$2.98.

Itafos Stock Performance

The business's 50-day moving average price is C$2.90 and its two-hundred day moving average price is C$2.44. The company has a market capitalization of C$397.60 million, a P/E ratio of 40.63 and a beta of -0.95. The company has a debt-to-equity ratio of 31.70, a current ratio of 2.66 and a quick ratio of 0.73.

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.

See Also

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