Iofina (LON:IOF) Stock Price Up 10.3% – Still a Buy?

Iofina plc (LON:IOFGet Free Report)’s share price rose 10.3% during trading on Monday . The stock traded as high as GBX 21.67 ($0.26) and last traded at GBX 21.40 ($0.26). Approximately 1,764,656 shares were traded during mid-day 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 Price Performance

The company has a 50-day moving average of GBX 19.14 and a 200-day moving average of GBX 19.96. 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 stock has a market capitalization of £41.06 million, a price-to-earnings ratio of 2,140.00 and a beta of 0.71.

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.

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