Iofina plc (LON:IOF – Get Free Report) shares shot up 10.3% during 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 changed hands during 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 Price Performance
The company has a current ratio of 2.60, a quick ratio of 1.56 and a debt-to-equity ratio of 11.11. The business has a fifty day simple moving average of GBX 19.18 and a 200 day simple moving average of GBX 19.98. The stock has a market capitalization of £40.18 million, a P/E 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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