Itafos (CVE:IFOS) Trading Up 2.9% – What’s Next?

Itafos Inc. (CVE:IFOS)’s share price traded up 2.9% during mid-day trading on Friday . The company traded as high as C$1.75 and last traded at C$1.75. 6,409 shares were traded during trading, a decline of 78% from the average session volume of 29,663 shares. The stock had previously closed at C$1.70.

Itafos Trading Up 2.9 %

The company has a market cap of C$336.04 million, a PE ratio of -43.75 and a beta of -0.95. The stock’s 50 day moving average is C$1.56 and its 200-day moving average is C$1.43. The company has a quick ratio of 0.73, a current ratio of 1.86 and a debt-to-equity ratio of 26.67.

Itafos Company Profile

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.