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Itafos (CVE:IFOS) Trading Up 1.2% - Time to Buy?

Itafos logo with Basic Materials background

Itafos Inc. (CVE:IFOS - Get Free Report)'s share price was up 1.2% during mid-day trading on Friday . The stock traded as high as C$2.65 and last traded at C$2.58. Approximately 271,772 shares were traded during trading, an increase of 721% from the average daily volume of 33,118 shares. The stock had previously closed at C$2.55.

Itafos Stock Up 0.8%

The company has a market capitalization of C$349.24 million, a P/E ratio of 35.69 and a beta of -0.95. The company has a debt-to-equity ratio of 31.70, a quick ratio of 0.73 and a current ratio of 2.66. The firm's fifty day moving average is C$2.26 and its 200-day moving average is C$2.08.

Itafos Company Profile

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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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