Shares of Iofina plc (LON:IOF – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 20.12 ($0.26) and traded as high as GBX 21.64 ($0.28). Iofina shares last traded at GBX 21.19 ($0.27), with a volume of 145,523 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 37.50 ($0.49) price target on shares of Iofina in a research note on Thursday, January 23rd.
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Iofina Stock Performance
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.
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