Itaconix plc (LON:ITX – Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 108.98 and traded as high as GBX 109.90. Itaconix shares last traded at GBX 109.90, with a volume of 3,044 shares traded.
Itaconix Price Performance
The company has a quick ratio of 0.52, a current ratio of 3.43 and a debt-to-equity ratio of 24.58. The stock has a market capitalization of £14.82 million, a PE ratio of -10.77 and a beta of 1.25. The company has a 50-day moving average of GBX 108.98 and a 200 day moving average of GBX 113.23.
Insider Activity at Itaconix
In other news, insider Peter Nieuwenhuizen purchased 3,400 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of GBX 109 per share, for a total transaction of £3,706. Insiders own 77.46% of the company’s stock.
About Itaconix
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. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.
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