Iofina plc (LON:IOF - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 20.06 ($0.26) and traded as high as GBX 23.49 ($0.30). Iofina shares last traded at GBX 22.65 ($0.29), with a volume of 392,848 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 37.50 ($0.48) target price on shares of Iofina in a research note on Thursday, January 23rd.
Get Our Latest Stock Analysis on Iofina
Iofina Trading Down 0.2 %
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 firm has a market capitalization of £53.65 million, a PE ratio of 15.68 and a beta of 0.71. The stock's 50-day simple moving average is GBX 21.66 and its 200-day simple moving average is GBX 20.07.
Iofina Company Profile
(
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.
Recommended Stories
Before you consider Iofina, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Iofina wasn't on the list.
While Iofina currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
