finnCap retained Iofina PLC (LON:IOF) to Corporate in a report released today.
- Updated: September 29, 2016
Boasting a price of 0.00GBX, Iofina PLC (LON:IOF) traded 15.27% higher on the day. With the last stock price close down 16.65% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Iofina PLC has recorded a 50-day average of 13.52GBX and a two hundred day average of 13.59GBX. Volume of trade was down over the average, with 203,601 shares of IOF changing hands under the typical 270,495
finnCap has retained Iofina PLC (LON:IOF) to Corporate in a report released on 9/30/2016. They are also stating a potential upside of 0%.
On 7/18/2016, finnCap released a statement for Iofina PLC (LON:IOF) maintained the target price at 24.00GBX that suggested an upside of 0.56%.
With a total market value of 0 GBX, Iofina PLC has with a one year low of 4.25GBX and a one year high of 27.39GBX .
In addition to finnCap reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is 0.31GBX with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Iofina PLC (LON:IOF)
Iofina plc is a holding company. The Company is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Its segments are Iodine and Iodine Derivatives, and Montana. The activities of the Iodine and Iodine Derivatives segment include the production of raw iodine, and the production of iodine derivatives and other non-iodine based chemical derivatives. The Montana segment includes the Atlantis Field project for the exploration and production of natural gas, iodine and water for use in various applications, and the Montana Water Depot project, which includes volumes of water retrieved, stored and shipped to customers in close proximity to be used mainly for fracking. It is also engaged in recycling of iodine using iodinated side-streams from waste chemical processes in Europe, North America and Asia. Its Wellhead Extraction Technology (WET) and WET IOsorb methods enable the co-production of iodine from brine.
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