Iofina (LON:IOF – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 70 target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 37.25% from the company’s previous close.
Iofina Trading Down 7.3%
LON IOF opened at GBX 51 on Friday. The firm’s fifty day moving average is GBX 52.67 and its two-hundred day moving average is GBX 48.31. The firm has a market cap of £97.85 million, a PE ratio of 11.33 and a beta of 0.96. The company has a debt-to-equity ratio of 10.80, a quick ratio of 1.56 and a current ratio of 2.57. Iofina has a one year low of GBX 20 and a one year high of GBX 60.12.
Iofina (LON:IOF – Get Free Report) last released its earnings results on Monday, September 21st. The company reported GBX 1.80 EPS for the quarter. Iofina had a net margin of 12.91% and a return on equity of 15.30%. Analysts expect that Iofina will post 1.82 earnings per share for the current year.
About Iofina
Iofina plc is a vertically integrated company that specialises in the production of Iodine and the manufacturing of specialty chemical products and derivatives. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities, Iofina Resources, and Iofina Chemical.
See Also
- Five stocks we like better than Iofina
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Iofina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iofina and related companies with MarketBeat.com's FREE daily email newsletter.
