Itafos (CVE:IFOS) Trading Up 1.7% – What’s Next?

Itafos Inc. (CVE:IFOSGet Free Report)’s stock price traded up 1.7% on Monday . The stock traded as high as C$3.01 and last traded at C$2.98. 44,804 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 55,477 shares. The stock had previously closed at C$2.93.

Itafos Stock Performance

The firm’s 50 day moving average price is C$3.11 and its two-hundred day moving average price is C$2.88. The firm has a market cap of C$575.84 million, a PE ratio of 4.58 and a beta of 0.30. The company has a debt-to-equity ratio of 31.70, a quick ratio of 0.73 and a current ratio of 2.66.

About Itafos

(Get Free Report)

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.

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