Shares of Iofina plc (LON:IOF – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 20.10 ($0.26) and traded as high as GBX 21.24 ($0.27). Iofina shares last traded at GBX 21.24 ($0.27), with a volume of 330,713 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 37.50 ($0.48) target price on shares of Iofina in a report on Thursday, January 23rd.
Check Out Our Latest Research Report on IOF
Iofina Price Performance
Iofina Company Profile
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.
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