Iofina plc (LON:IOF – Get Free Report) shot 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). 1,764,656 shares traded hands during mid-day trading, an increase of 492% from the average session volume of 297,872 shares. The stock had previously closed at GBX 19.40 ($0.24).
Iofina Price Performance
The firm has a market capitalization of £41.06 million, a price-to-earnings ratio of 2,140.00 and a beta of 0.71. 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’s fifty day moving average is GBX 19.14 and its two-hundred day moving average is GBX 19.96.
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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