Iofina (LON:IOF) Shares Pass Below 200 Day Moving Average of $0.00

Shares of Iofina plc (LON:IOF) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $21.50. Iofina shares last traded at $23.26, with a volume of 475,781 shares traded.

Separately, FinnCap restated a “corporate” rating on shares of Flowtech Fluidpower in a research note on Friday, July 12th.

The company has a debt-to-equity ratio of 417.20, a current ratio of 2.94 and a quick ratio of 1.73. The company has a market cap of $42.78 million and a price-to-earnings ratio of -24.78. The business has a 50 day moving average price of GBX 19.99.

About Iofina (LON:IOF)

Iofina plc engages in the production of iodine, water, and natural gas in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, specialty intermediates, 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.

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