Itafos (CVE:IFOS) Stock Price Down 3.7% – Here’s What Happened

Itafos Inc. (CVE:IFOS)’s stock price was down 3.7% during trading on Wednesday . The stock traded as low as C$1.78 and last traded at C$1.81. Approximately 6,366 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 17,513 shares. The stock had previously closed at C$1.88.

Itafos Price Performance

The stock has a market capitalization of C$347.56 million, a PE ratio of -45.25 and a beta of -0.95. The business’s 50-day moving average price is C$1.75 and its 200 day moving average price is C$1.60. The company has a debt-to-equity ratio of 26.67, a quick ratio of 0.73 and a current ratio of 1.86.

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.