Itafos (CVE:IFOS) Reaches New 52-Week High – Should You Buy?

Itafos Inc. (CVE:IFOSGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$3.60 and last traded at C$3.58, with a volume of 34720 shares changing hands. The stock had previously closed at C$3.40.

Itafos Trading Down 1.7%

The company has a 50 day moving average of C$2.97 and a 200 day moving average of C$2.76. The firm has a market cap of C$678.25 million, a P/E ratio of 6.38 and a beta of 0.30. The company has a debt-to-equity ratio of 31.70, a quick ratio of 0.73 and a current ratio of 2.66.

Itafos Company Profile

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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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