Itafos (CVE:IFOS) Trading Down 1.7% – Should You Sell?

Itafos Inc. (CVE:IFOS) fell 1.7% during mid-day trading on Monday . The stock traded as low as C$1.67 and last traded at C$1.73. 43,635 shares traded hands during trading, an increase of 47% from the average session volume of 29,597 shares. The stock had previously closed at C$1.76.

Itafos Price Performance

The company has a debt-to-equity ratio of 26.67, a quick ratio of 0.73 and a current ratio of 1.86. The firm has a market capitalization of C$332.19 million, a P/E ratio of -43.25 and a beta of -0.95. The business has a fifty day moving average of C$1.66 and a 200-day moving average of C$1.51.

Itafos Company Profile

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.