Itaconix (LON:ITX) Shares Up 0.2% – What’s Next?

Itaconix plc (LON:ITXGet Free Report)’s stock price traded up 0.2% during trading on Monday . The stock traded as high as GBX 115.25 and last traded at GBX 110.22. 543 shares were traded during trading, a decline of 96% from the average session volume of 14,303 shares. The stock had previously closed at GBX 110.

Itaconix Stock Up 0.2%

The stock’s 50 day simple moving average is GBX 108.03 and its two-hundred day simple moving average is GBX 112.82. The firm has a market cap of £14.86 million, a P/E ratio of -10.81 and a beta of 1.25. The company has a debt-to-equity ratio of 24.58, a current ratio of 3.43 and a quick ratio of 0.52.

Insiders Place Their Bets

In related news, insider Peter Nieuwenhuizen acquired 3,400 shares of Itaconix stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average price of GBX 109 per share, with a total value of £3,706. 77.49% of the stock is currently owned by company insiders.

Itaconix Company Profile

(Get Free Report)

Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company’s current ingredients are enabling and leading new generations of products in detergents, hygiene, and hair care. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.

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