Itaconix (LON:ITX) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Itaconix plc (LON:ITXGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 147.27 ($1.90) and traded as low as GBX 115 ($1.49). Itaconix shares last traded at GBX 120 ($1.55), with a volume of 19,657 shares changing hands.

Itaconix Stock Performance

The company has a current ratio of 6.34, a quick ratio of 0.52 and a debt-to-equity ratio of 20.71. The firm has a market cap of £16.18 million, a P/E ratio of -10.86 and a beta of 1.74. The business’s fifty day simple moving average is GBX 147.27 and its 200-day simple moving average is GBX 141.94.

About Itaconix

(Get Free Report)

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.

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