Iofina (LON:IOF) Sets New 52-Week Low at $21.00

Iofina plc (LON:IOF) shares hit a new 52-week low 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 changing hands. The stock had previously closed at GBX 22 ($0.28).

Analyst Upgrades and Downgrades

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

Iofina Price Performance

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 company has a current ratio of 2.78, a quick ratio of 1.56 and a debt-to-equity ratio of 15.43. The stock has a 50-day moving average price of GBX 24.30 and a two-hundred day moving average price of GBX 25.27.

Iofina Company Profile

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.