Itaconix plc (LON:ITX – Get Free Report)’s share price shot up 1.8% during mid-day trading on Friday . The stock traded as high as GBX 110.70 and last traded at GBX 107.40. 46,260 shares were traded during trading, an increase of 194% from the average session volume of 15,715 shares. The stock had previously closed at GBX 105.50.
Itaconix Price Performance
The company has a market capitalization of £14.48 million, a price-to-earnings ratio of -10.53 and a beta of 1.25. The company’s 50 day simple moving average is GBX 110.98 and its 200-day simple moving average is GBX 112.70. The company has a current ratio of 3.43, a quick ratio of 0.52 and a debt-to-equity ratio of 24.58.
Itaconix Company Profile
Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company’s current ingredients are enabling and leading new generations of products in detergents, hygiene, and hair care. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.
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