Iofina (LON:IOF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Apr 12th, 2025

Iofina plc (LON:IOF – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 20.10 ($0.26) and traded as high as GBX 21.50 ($0.28). Iofina shares last traded at GBX 20.51 ($0.27), with a volume of 341,231 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 37.50 ($0.49) target price on shares of Iofina in a research report on Thursday, January 23rd.

Check Out Our Latest Stock Analysis on Iofina

Iofina Stock Down 1.2 %

The firm has a 50 day moving average of GBX 21.58 and a two-hundred day moving average of GBX 20.10. The stock has a market capitalization of £49.24 million, a PE ratio of 14.39 and a beta of 0.71. The company has a current ratio of 2.60, a quick ratio of 1.56 and a debt-to-equity ratio of 11.11.

About Iofina

(Get Free Report)

Iofina plc is a vertically integrated company that specialises in the production of Iodine and the manufacturing of specialty chemical products and derivatives. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities, Iofina Resources, and Iofina Chemical.