Iofina plc (LON:IOF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 20.12 ($0.26) and traded as high as GBX 21.64 ($0.28). Iofina shares last traded at GBX 21.19 ($0.28), with a volume of 145,523 shares traded.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 37.50 ($0.49) price target on shares of Iofina in a research note on Thursday, January 23rd.
Get Our Latest Stock Report on IOF
Iofina Stock Performance
The firm has a market cap of £50.90 million, a price-to-earnings ratio of 14.88 and a beta of 0.71. The company has a quick ratio of 1.56, a current ratio of 2.60 and a debt-to-equity ratio of 11.11. The stock has a fifty day moving average price of GBX 21.24 and a 200-day moving average price of GBX 20.11.
Iofina Company Profile
(
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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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