Iofina plc (LON:IOF – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 31.12 ($0.38) and traded as low as GBX 26.51 ($0.32). Iofina shares last traded at GBX 26.75 ($0.32), with a volume of 4,468 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 40 ($0.48) price objective on shares of Iofina in a research note on Monday, September 11th.
Read Our Latest Stock Analysis on IOF
Iofina Stock Down 0.9 %
About Iofina
Iofina plc develops, explores for, and produces iodine and halogen-based specialty chemical derivatives in the United States and the United Kingdom. It offers halogen chemicals, disinfectants, electronic specialty gases, sanitizers, heat stabilizers, preservatives, and specialty intermediates, as well as animal health, mineral separation, and odor control products for use in electronics/semiconductor, pharmaceutical, food and beverage, personal care, paints and coatings, dairy, chemical intermediates, gemological, fish and wildlife, and nylon markets.
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