Itafos (CVE:IFOS) Trading 2.9% Higher - Here's What Happened

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

Itafos Price Performance

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.