Itafos Inc. (CVE:IFOS – Get Free Report) was up 12% on Thursday . The company traded as high as C$2.43 and last traded at C$2.43. Approximately 100,738 shares were traded during mid-day trading, an increase of 349% from the average daily volume of 22,444 shares. The stock had previously closed at C$2.17.
Itafos Stock Performance
The stock has a market capitalization of C$303.57 million, a price-to-earnings ratio of 31.02 and a beta of -0.95. The company has a current ratio of 2.66, a quick ratio of 0.73 and a debt-to-equity ratio of 31.70. The stock’s 50 day moving average is C$2.03 and its two-hundred day moving average is C$1.80.
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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