Iofina (LON:IOF) Hits New 52-Week Low at $18.68

Iofina plc (LON:IOF) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 18.68 ($0.23) and last traded at GBX 19.67 ($0.24), with a volume of 328945 shares. The stock had previously closed at GBX 20.50 ($0.26).

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their target price on Iofina from GBX 40 ($0.50) to GBX 35 ($0.44) and set a “buy” rating for the company in a research note on Tuesday.

Iofina Stock Up 5.1 %

The firm has a 50 day moving average of GBX 22.74 and a 200 day moving average of GBX 24.34. The firm has a market cap of £39.33 million, a price-to-earnings ratio of 512.50 and a beta of 0.66. The company has a quick ratio of 1.56, a current ratio of 2.78 and a debt-to-equity ratio of 15.43.

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.