Shares of Itaconix plc (LON:ITX – Get Free Report) dropped 9.4% on Friday . The company traded as low as GBX 112 ($1.47) and last traded at GBX 115 ($1.51). Approximately 35,753 shares changed hands during mid-day trading, an increase of 316% from the average daily volume of 8,599 shares. The stock had previously closed at GBX 127 ($1.66).
Itaconix Stock Performance
The stock has a market capitalization of £14.86 million, a PE ratio of -9.97 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 is GBX 131.54 and its two-hundred day moving average is GBX 137.83.
Itaconix Company Profile
Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company’s current ingredients are enabling and leading new generations of products in detergents, hygiene, and hair care.
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