Iofina (LON:IOF) Shares Up 10.3% – Still a Buy?

Iofina plc (LON:IOFGet Free Report)’s share price was up 10.3% during mid-day trading on Monday . The stock traded as high as GBX 21.67 ($0.26) and last traded at GBX 21.40 ($0.26). Approximately 1,764,656 shares were traded during mid-day 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 Up 10.3 %

The company has a market capitalization of £41.06 million, a P/E ratio of 2,140.00 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. The stock’s fifty day moving average is GBX 19.14 and its 200 day moving average is GBX 19.96.

About Iofina

(Get Free Report)

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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