Shares of Itaconix plc (LON:ITX – Get Free Report) rose 14.2% during trading on Wednesday . The company traded as high as GBX 160 ($1.99) and last traded at GBX 152.50 ($1.90). Approximately 35,117 shares changed hands during trading, an increase of 75% from the average daily volume of 20,036 shares. The stock had previously closed at GBX 133.50 ($1.66).
Itaconix Trading Down 3.2 %
The company has a debt-to-equity ratio of 1.77, a current ratio of 9.07 and a quick ratio of 0.52. The business’s 50 day moving average is GBX 183.77 and its 200 day moving average is GBX 149.86. The stock has a market cap of £20.24 million, a price-to-earnings ratio of -988.88 and a beta of 1.20.
About Itaconix
Itaconix plc, together with its subsidiaries, engages in the development of bio-based polymers for personal care, home care, and industrial sectors in North America and Europe. It offers cleaning products, including Itaconix DSP 2K, Itaconix TSI 122, Itaconix TSI 322, Itaconix ONZ 100, Itaconix ONZ 400, and Itaconix ONZ 075; hygiene products, such as ZINADOR (Croda), VELAFRESH ZP20/30, and VELAFRESH SAP80; and beauty products comprising Amaze SP (Nouryon), VELASOFT NE 100, and VELASOFT BR 300.
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