Shares of Iofina plc (LON:IOF – Get Free Report) 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 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 Stock Performance
The company’s 50 day simple moving average is GBX 19.18 and its 200 day simple moving average is GBX 19.98. The company has a debt-to-equity ratio of 11.11, a quick ratio of 1.56 and a current ratio of 2.60. The stock has a market cap of £40.18 million, a PE ratio of 2,094.00 and a beta of 0.71.
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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