Iofina (LON:IOF) Given New GBX 35 Price Target at Canaccord Genuity Group

Iofina (LON:IOF) had its target price trimmed by Canaccord Genuity Group from GBX 40 ($0.50) to GBX 35 ($0.44) in a report released on Tuesday, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

Iofina Trading Up 4.8 %

IOF opened at GBX 22 ($0.27) on Tuesday. The stock has a market capitalization of £42.21 million, a PE ratio of 525.00 and a beta of 0.66. The company has a debt-to-equity ratio of 15.43, a quick ratio of 1.56 and a current ratio of 2.78. Iofina has a one year low of GBX 19 ($0.24) and a one year high of GBX 38 ($0.47). The business’s 50 day moving average price is GBX 23.19 and its 200 day moving average price is GBX 24.45.

About Iofina

Iofina plc develops, explores for, and produces iodine and halogen-based specialty chemical derivatives in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, and specialty intermediates, as well as animal health, mineral separation, and odor control products for use in electronics/semiconductor, pharmaceutical, food and beverage, personal care, paints and coatings, dairy, chemical intermediates, gemological, fish and wildlife, and nylon markets.