Itaconix (LON:ITX) Stock Price Down 0.8% – Here’s Why

Itaconix plc (LON:ITX)’s stock price dropped 0.8% during trading on Friday . The company traded as low as GBX 131.40 ($1.63) and last traded at GBX 131.50 ($1.63). Approximately 9,188 shares traded hands during trading, an increase of 60% from the average daily volume of 5,758 shares. The stock had previously closed at GBX 132.50 ($1.64).

Itaconix Stock Down 0.8 %

The company has a debt-to-equity ratio of 20.71, a quick ratio of 0.52 and a current ratio of 6.34. The stock has a market cap of £17.74 million, a price-to-earnings ratio of -3,287.50 and a beta of 1.74. The firm’s 50-day simple moving average is GBX 150.57 and its two-hundred day simple moving average is GBX 146.05.

Itaconix Company Profile

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.