Itaconix plc (LON:ITX – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 108.81 and traded as high as GBX 113.40. Itaconix shares last traded at GBX 111.30, with a volume of 12,898 shares changing hands.
Itaconix Price Performance
The company has a current ratio of 3.43, a quick ratio of 0.52 and a debt-to-equity ratio of 24.58. The company has a market cap of £15.01 million, a PE ratio of -10.91 and a beta of 1.01. The firm has a 50 day moving average of GBX 108.81 and a two-hundred day moving average of GBX 112.42.
Insider Activity at Itaconix
In other Itaconix news, insider Peter Nieuwenhuizen purchased 3,400 shares of Itaconix stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of GBX 109 per share, with a total value of £3,706. 77.49% of the stock is owned by insiders.
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. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.
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