Iofina (LON:IOF) Stock Price Passes Below 50-Day Moving Average of $18.27

Iofina plc (LON:IOF)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $18.27 and traded as low as $20.10. Iofina shares last traded at $21.15, with a volume of 1,356,046 shares trading hands.

Separately, FinnCap reiterated a “corporate” rating on shares of Iofina in a research report on Wednesday, May 1st.

The company’s 50-day simple moving average is GBX 18.21. The firm has a market cap of $40.58 million and a P/E ratio of -23.50. The company has a debt-to-equity ratio of 417.20, a quick ratio of 1.73 and a current ratio of 2.94.

About Iofina (LON:IOF)

Iofina plc engages in the production of iodine, water, and natural gas in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, specialty intermediates, 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.

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