Iofina (LON:IOF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Iofina plc (LON:IOFGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 19.89 ($0.25) and traded as low as GBX 18.50 ($0.23). Iofina shares last traded at GBX 19.20 ($0.24), with a volume of 370,064 shares traded.

Iofina Stock Up 1.1 %

The firm has a market cap of £36.84 million, a PE ratio of 1,920.00 and a beta of 0.71. The company has a quick ratio of 1.56, a current ratio of 2.60 and a debt-to-equity ratio of 11.11. The business has a 50-day moving average price of GBX 19.11 and a two-hundred day moving average price of GBX 19.89.

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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