Iofina (LON:IOF) Reaches New 1-Year Low at $21.00

Iofina plc (LON:IOF)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 21 ($0.27) and last traded at GBX 21.94 ($0.28), with a volume of 178105 shares traded. The stock had previously closed at GBX 22 ($0.28).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 40 ($0.51) price target on shares of Iofina in a research report on Thursday, November 30th.

Iofina Price Performance

The company has a debt-to-equity ratio of 15.43, a quick ratio of 1.56 and a current ratio of 2.78. The stock has a market cap of £42.21 million, a price-to-earnings ratio of 550.00 and a beta of 0.66. The business’s 50 day moving average is GBX 24.30 and its 200 day moving average is GBX 25.27.

About Iofina

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.