Iofina (LON:IOF) Trading 10.3% Higher – Here’s Why

Iofina plc (LON:IOFGet Free Report) was up 10.3% during trading on Monday . The company traded as high as GBX 21.67 ($0.27) and last traded at GBX 21.40 ($0.26). Approximately 1,764,656 shares were traded during trading, an increase of 492% from the average daily volume of 297,872 shares. The stock had previously closed at GBX 19.40 ($0.24).

Iofina Trading Up 6.0 %

The firm’s 50-day simple moving average is GBX 19.18 and its 200 day simple moving average is GBX 20. The firm has a market cap of £41.17 million, a P/E ratio of 2,146.00 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.

About Iofina

(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.

Featured Articles

Receive News & Ratings for Iofina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iofina and related companies with MarketBeat.com's FREE daily email newsletter.