Raymond James upgraded shares of Itafos (CVE:IFOS) from a market perform rating to an outperform rating in a research report sent to investors on Monday, BayStreet.CA reports. They currently have C$1.50 price target on the stock, up from their previous price target of C$0.90.
CVE:IFOS opened at C$0.76 on Monday. The firm has a 50 day simple moving average of C$0.70 and a 200-day simple moving average of C$0.46. The company has a debt-to-equity ratio of 311.73, a current ratio of 2.36 and a quick ratio of 0.63. The firm has a market cap of C$140.95 million and a PE ratio of -2.22. Itafos has a 1-year low of C$0.22 and a 1-year high of C$0.83.
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