Itafos (CVE:IFOS) Trading Down 1.7% – What’s Next?

Itafos Inc. (CVE:IFOS)’s stock price traded down 1.7% during trading on Monday . The company traded as low as C$1.67 and last traded at C$1.73. 43,635 shares were traded during trading, an increase of 47% from the average session volume of 29,597 shares. The stock had previously closed at C$1.76.

Itafos Trading Down 1.7 %

The company has a current ratio of 1.86, a quick ratio of 0.73 and a debt-to-equity ratio of 26.67. The company has a market cap of C$332.19 million, a price-to-earnings ratio of -43.25 and a beta of -0.95. The firm has a 50-day moving average price of C$1.66 and a 200 day moving average price of C$1.51.

About Itafos

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.