Itaconix (LON:ITX) Shares Pass Above Fifty Day Moving Average – Here’s Why

Posted by Lauren Steadman on Aug 14th, 2026

Itaconix plc (LON:ITX – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 133.25 and traded as high as GBX 175. Itaconix shares last traded at GBX 171.50, with a volume of 6,069 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their price target on shares of Itaconix from GBX 325 to GBX 375 and gave the company a “buy” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Itaconix has an average rating of “Buy” and a consensus target price of GBX 375.

View Our Latest Research Report on ITX

Itaconix Stock Down 1.4%

The company’s 50-day moving average price is GBX 133.25 and its 200 day moving average price is GBX 119.28. The company has a debt-to-equity ratio of 24.58, a quick ratio of 0.52 and a current ratio of 3.43. The stock has a market cap of £22.93 million, a PE ratio of -16.67 and a beta of 0.97.

Itaconix Company Profile

(Get Free Report)

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.