Itafos (CVE:IFOS) Stock Price Up 4.3% – What’s Next?

Itafos Inc. (CVE:IFOS)’s stock price traded up 4.3% on Friday . The stock traded as high as C$1.70 and last traded at C$1.70. 42,983 shares were traded during mid-day trading, an increase of 44% from the average session volume of 29,765 shares. The stock had previously closed at C$1.63.

Itafos Price Performance

The stock has a market cap of C$326.43 million, a P/E ratio of -42.50 and a beta of -0.95. The company has a debt-to-equity ratio of 26.67, a current ratio of 1.86 and a quick ratio of 0.73. The business’s fifty day moving average price is C$1.61 and its 200 day moving average price is C$1.46.

Itafos Company Profile

Itafos Inc operates as a phosphate and specialty fertilizer company. It operates through Conda, Arrais, and Development and Exploration segments. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, hydrofluorosilicic acid, direct application phosphate rock, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid.