Itafos (CVE:IFOS) Trading Down 0.6% – Time to Sell?

Itafos Inc. (CVE:IFOS) fell 0.6% on Tuesday . The company traded as low as C$1.71 and last traded at C$1.72. 16,079 shares were traded during mid-day trading, a decline of 46% from the average session volume of 29,756 shares. The stock had previously closed at C$1.73.

Itafos Stock Down 1.2 %

The company has a quick ratio of 0.73, a current ratio of 1.86 and a debt-to-equity ratio of 26.67. The business has a 50-day simple moving average of C$1.72 and a 200-day simple moving average of C$1.55. The company has a market cap of C$328.35 million, a PE ratio of -42.75 and a beta of -0.95.

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.