Itaconix (LON:ITX) Trading 14.2% Higher

Itaconix plc (LON:ITX) shares traded up 14.2% during mid-day trading on Wednesday . The company traded as high as GBX 160 ($1.99) and last traded at GBX 152.50 ($1.90). 35,117 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 20,036 shares. The stock had previously closed at GBX 133.50 ($1.66).

Itaconix Stock Up 14.2 %

The firm has a market capitalization of £20.57 million, a price-to-earnings ratio of -953.13 and a beta of 1.20. The business has a 50 day simple moving average of GBX 183.18 and a 200-day simple moving average of GBX 149.80. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.52 and a current ratio of 9.07.

Itaconix Company Profile

Itaconix plc, together with its subsidiaries, engages in the development of bio-based polymers for personal care, home care, and industrial sectors in North America and Europe. It offers cleaning products, including Itaconix DSP 2K, Itaconix TSI 122, Itaconix TSI 322, Itaconix ONZ 100, Itaconix ONZ 400, and Itaconix ONZ 075; hygiene products, such as ZINADOR (Croda), VELAFRESH ZP20/30, and VELAFRESH SAP80; and beauty products comprising Amaze SP (Nouryon), VELASOFT NE 100, and VELASOFT BR 300.