Shares of Iofina plc (LON:IOF – Get Free Report) were up 10.3% during trading on Monday . The stock traded as high as GBX 21.67 ($0.27) and last traded at GBX 21.40 ($0.26). Approximately 1,764,656 shares changed hands during trading, an increase of 492% from the average daily volume of 297,872 shares. The stock had previously closed at GBX 19.40 ($0.24).
Iofina Stock Performance
The stock’s 50-day moving average price is GBX 19.18 and its 200 day moving average price is GBX 20. The company has a quick ratio of 1.56, a current ratio of 2.60 and a debt-to-equity ratio of 11.11. The company has a market cap of £41.17 million, a P/E ratio of 2,146.00 and a beta of 0.71.
About Iofina
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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