IOOF (ASX:IFL) Shares Pass Above Fifty Day Moving Average of $8.00
Shares of IOOF Holdings Limited (ASX:IFL) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.00 and traded as high as $8.23. IOOF shares last traded at $8.14, with a volume of 583,064 shares traded.
The stock has a market capitalization of $2.91 billion and a P/E ratio of 102.47. The stock has a 50-day moving average price of A$8.00 and a two-hundred day moving average price of A$6.66. The company has a debt-to-equity ratio of 25.74, a quick ratio of 1.68 and a current ratio of 1.78.
In other IOOF news, insider Renato Mota 75,000 shares of the stock in a transaction dated Tuesday, December 17th.
IOOF Holdings, Ltd. engages in the development, distribution, management, and administration of various financial products and services. It operates through two segments, Wholesale Funds Management, and Retail Funds Management and Administration. The Wholesale Funds Management segment engages in the management and investment of monies on behalf of private, corporate, superannuation, and institutional clients.
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