Shares of Itaconix plc (LON:ITX – Get Free Report) fell 2.2% on Friday . The stock traded as low as GBX 110 and last traded at GBX 110. 658 shares traded hands during trading, a decline of 96% from the average session volume of 16,407 shares. The stock had previously closed at GBX 112.50.
Itaconix Price Performance
The stock has a market cap of £14.83 million, a PE ratio of -10.19 and a beta of 1.29. The stock’s fifty day moving average is GBX 115.67 and its 200-day moving average is GBX 113.50. The company has a debt-to-equity ratio of 24.58, a current ratio of 3.43 and a quick ratio of 0.52.
Insiders Place Their Bets
In other news, insider Peter Nieuwenhuizen purchased 8,000 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was acquired at an average price of GBX 110 per share, with a total value of £8,800. 77.46% of the stock is owned by insiders.
About Itaconix
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. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.
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