Itafos (CVE:IFOS) Stock Price Down 0.5% – Should You Sell?

Itafos Inc. (CVE:IFOS)’s share price dropped 0.5% during trading on Wednesday . The stock traded as low as C$1.86 and last traded at C$1.89. Approximately 4,558 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 16,903 shares. The stock had previously closed at C$1.90.

Itafos Trading Down 0.5 %

The company has a quick ratio of 0.73, a current ratio of 1.86 and a debt-to-equity ratio of 26.67. The firm has a 50 day moving average of C$1.80 and a 200 day moving average of C$1.66. The firm has a market cap of C$362.92 million, a PE ratio of -47.25 and a beta of -0.95.

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.