Iofina (LON:IOF) Trading Up 2.6% – Here’s Why

Iofina plc (LON:IOF) was up 2.6% during trading on Wednesday . The stock traded as high as GBX 19.50 ($0.25) and last traded at GBX 19.50 ($0.25). Approximately 57,247 shares were traded during trading, a decline of 78% from the average daily volume of 262,827 shares. The stock had previously closed at GBX 19 ($0.24).

Iofina Price Performance

The stock has a 50 day moving average of GBX 18.85 and a two-hundred day moving average of GBX 20.07. The company has a debt-to-equity ratio of 11.11, a quick ratio of 1.56 and a current ratio of 2.60. The stock has a market cap of £35.97 million, a PE ratio of 1,875.00 and a beta of 0.71.

Iofina Company Profile

Iofina plc develops, explores for, and produces iodine and halogen-based specialty chemical derivatives in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, and specialty intermediates, as well as animal health, mineral separation, and odor control products for use in electronics/semiconductor, pharmaceutical, food and beverage, personal care, paints and coatings, dairy, chemical intermediates, gemological, fish and wildlife, and nylon markets.