Iofina plc (LON:IOF – Get 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 changed hands 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 Stock Up 5.2 %
The company has a debt-to-equity ratio of 11.11, a current ratio of 2.60 and a quick ratio of 1.56. The stock has a market cap of £40.87 million, a price-to-earnings ratio of 2,130.00 and a beta of 0.71. The firm has a 50 day simple moving average of GBX 19.18 and a two-hundred day simple moving average of GBX 20.
About Iofina
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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