Itaconix (LON:ITX) Stock Price Up 9% – Still a Buy?

Itaconix plc (LON:ITXGet Free Report)’s share price rose 9% on Tuesday . The stock traded as high as GBX 140 ($1.79) and last traded at GBX 133 ($1.70). Approximately 27,171 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 11,854 shares. The stock had previously closed at GBX 122 ($1.56).

Itaconix Stock Performance

The firm has a market cap of £17.94 million, a PE ratio of -3,325.00 and a beta of 1.74. The company has a debt-to-equity ratio of 20.71, a quick ratio of 0.52 and a current ratio of 6.34. The firm’s 50 day moving average price is GBX 130.22 and its two-hundred day moving average price is GBX 145.28.

Itaconix Company Profile

(Get Free Report)

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.

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