Iofina (LON:IOF) Trading Up 10.3% – What’s Next?

Iofina plc (LON:IOFGet Free Report)’s stock price traded up 10.3% during trading on Tuesday . The company traded as high as GBX 21.67 ($0.27) and last traded at GBX 21.40 ($0.26). 1,764,656 shares were traded during trading, an increase of 492% from the average session volume of 297,872 shares. The stock had previously closed at GBX 19.40 ($0.24).

Iofina Trading Down 2.8 %

The firm has a 50 day moving average price of GBX 19.23 and a two-hundred day moving average price of GBX 20.02. The firm has a market capitalization of £41.02 million, a P/E ratio of 2,138.00 and a beta of 0.71. The company has a debt-to-equity ratio of 11.11, a quick ratio of 1.56 and a current ratio of 2.60.

Iofina Company Profile

(Get Free Report)

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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