Itaconix (LON:ITX) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Itaconix plc (LON:ITXGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 147.27 ($1.90) and traded as low as GBX 115 ($1.49). Itaconix shares last traded at GBX 120 ($1.55), with a volume of 19,657 shares.

Itaconix Stock Down 2.8 %

The company has a current ratio of 6.34, a quick ratio of 0.52 and a debt-to-equity ratio of 20.71. The firm has a market capitalization of £16.18 million, a PE ratio of -10.86 and a beta of 1.74. The firm has a 50-day moving average of GBX 146.43 and a two-hundred day moving average of GBX 141.58.

About Itaconix

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Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company’s current ingredients are enabling and leading new generations of products in detergents, hygiene, and hair care.

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