Shares of Itafos Inc. (CVE:IFOS – Get Free Report) shot up 3.7% during mid-day trading on Tuesday . The company traded as high as C$1.40 and last traded at C$1.40. 15,100 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 36,616 shares. The stock had previously closed at C$1.35.
Itafos Trading Up 3.7 %
The firm has a 50-day moving average of C$1.30 and a 200 day moving average of C$1.31. The company has a current ratio of 1.87, a quick ratio of 0.73 and a debt-to-equity ratio of 40.13. The stock has a market capitalization of C$267.76 million, a price-to-earnings ratio of 46.67 and a beta of -0.99.
About Itafos
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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