Iofina (LON:IOF – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 70 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 37.80% from the stock’s current price.
Iofina Stock Down 7.6%
LON IOF opened at GBX 50.80 on Friday. Iofina has a 1-year low of GBX 20 and a 1-year high of GBX 60.12. The company has a market capitalization of £97.46 million, a price-to-earnings ratio of 11.29 and a beta of 0.96. The stock’s 50 day moving average is GBX 52.71 and its two-hundred day moving average is GBX 48.29. The company has a current ratio of 2.57, a quick ratio of 1.56 and a debt-to-equity ratio of 10.80.
Iofina (LON:IOF – Get Free Report) last issued its earnings results on Monday, September 21st. The company reported GBX 1.80 earnings per share (EPS) for the quarter. Iofina had a return on equity of 15.30% and a net margin of 12.91%. Equities analysts forecast that Iofina will post 1.82 earnings per share for the current fiscal year.
Iofina Company Profile
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.
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