Itafos (CVE:IFOS) Hits New 52-Week High – Here’s What Happened

Itafos Inc. (CVE:IFOSGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$3.60 and last traded at C$3.58, with a volume of 34720 shares. The stock had previously closed at C$3.40.

Itafos Stock Performance

The company has a debt-to-equity ratio of 31.70, a quick ratio of 0.73 and a current ratio of 2.66. The firm’s 50 day simple moving average is C$2.95 and its 200-day simple moving average is C$2.74. The company has a market cap of C$695.65 million, a price-to-earnings ratio of 6.55 and a beta of 0.30.

Itafos Company Profile

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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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