Iofina (LON:IOF) Trading Up 2.6% – Still a Buy?

Shares of Iofina plc (LON:IOFGet Free Report) rose 2.6% during mid-day trading on Wednesday . The stock traded as high as GBX 19.50 ($0.25) and last traded at GBX 19.50 ($0.25). Approximately 57,247 shares changed hands during trading, a decline of 78% from the average daily volume of 262,827 shares. The stock had previously closed at GBX 19 ($0.24).

Iofina Stock Performance

The company has a market capitalization of £37.41 million, a price-to-earnings ratio of 1,950.00 and a beta of 0.71. The company has a current ratio of 2.60, a quick ratio of 1.56 and a debt-to-equity ratio of 11.11. The stock has a 50-day simple moving average of GBX 18.88 and a 200-day simple moving average of GBX 20.09.

About Iofina

(Get Free Report)

Iofina plc develops, explores for, and produces iodine and halogen-based specialty chemical derivatives in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, and specialty intermediates, as well as animal health, mineral separation, and odor control products for use in electronics/semiconductor, pharmaceutical, food and beverage, personal care, paints and coatings, dairy, chemical intermediates, gemological, fish and wildlife, and nylon markets.

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