Canaccord Genuity Group reissued their buy rating on shares of Itaconix (LON:ITX – Free Report) in a report published on Monday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 325 target price on the stock.
Itaconix Stock Performance
Shares of ITX opened at GBX 123 on Monday. The company has a market cap of £16.59 million, a PE ratio of -891.30 and a beta of 1.74. The company has a current ratio of 6.34, a quick ratio of 0.52 and a debt-to-equity ratio of 20.71. The stock has a 50-day moving average price of GBX 130.56 and a 200-day moving average price of GBX 117.80. Itaconix has a 12-month low of GBX 92.50 and a 12-month high of GBX 175.
Itaconix (LON:ITX – Get Free Report) last issued its quarterly earnings results on Monday, September 15th. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Itaconix had a negative net margin of 28.24% and a negative return on equity of 18.31%. As a group, equities analysts forecast that Itaconix will post -8.4299999 earnings per share for the current fiscal year.
About Itaconix
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.
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