Shares of Iofina plc (LON:IOF – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 23.81 ($0.30) and traded as low as GBX 20.01 ($0.25). Iofina shares last traded at GBX 20.75 ($0.26), with a volume of 137,466 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 35 ($0.44) price target on shares of Iofina in a research note on Thursday, May 2nd.
Read Our Latest Research Report on IOF
Iofina Stock Performance
Iofina Company Profile
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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