Iofina (LON:IOF) Trading Up 2.6% – Should You Buy?

Iofina plc (LON:IOF)’s share price was up 2.6% during trading on Wednesday . The stock traded as high as GBX 19.50 ($0.25) and last traded at GBX 19.50 ($0.25). Approximately 57,247 shares traded hands during trading, a decline of 78% from the average daily volume of 262,827 shares. The stock had previously closed at GBX 19 ($0.24).

Iofina Price Performance

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 stock’s 50 day moving average price is GBX 18.85 and its two-hundred day moving average price is GBX 20.07. The firm has a market capitalization of £35.97 million, a price-to-earnings ratio of 1,875.00 and a beta of 0.71.

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.