Iofina plc (LON:IOF – Get Free Report)’s share price shot up 10.3% during mid-day trading on Tuesday . The company 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 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 Trading Down 2.8 %
The firm’s 50-day simple moving average is GBX 19.23 and its 200 day simple moving average is GBX 20.02. The stock has a market cap of £41.02 million, a P/E ratio of 2,138.00 and a beta of 0.71. The company has a current ratio of 2.60, a quick ratio of 1.56 and a debt-to-equity ratio of 11.11.
Iofina Company Profile
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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