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Itafos (CVE:IFOS) Trading Down 0.6% - Here's Why

Itafos logo with Basic Materials background

Itafos Inc. (CVE:IFOS - Get Free Report) fell 0.6% during mid-day trading on Tuesday . The stock traded as low as C$1.71 and last traded at C$1.72. 16,079 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 29,756 shares. The stock had previously closed at C$1.73.

Itafos Trading Up 0.6 %

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 stock has a market capitalization of C$332.19 million, a PE ratio of -43.25 and a beta of -0.95. The company has a 50 day moving average of C$1.72 and a two-hundred day moving average of C$1.55.

About Itafos

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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.

Further Reading

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