Iofina plc (LON:IOF)‘s stock had its “corporate” rating reaffirmed by research analysts at FinnCap in a research note issued to investors on Friday. They currently have a GBX 20 ($0.26) target price on the stock. FinnCap’s price objective would suggest a potential upside of 50.94% from the stock’s previous close.

Iofina plc (LON:IOF) traded up 0.95% during midday trading on Friday, hitting GBX 13.25. 157,466 shares of the stock traded hands. The company’s 50 day moving average is GBX 13.01 and its 200-day moving average is GBX 10.88. Iofina plc has a one year low of GBX 7.37 and a one year high of GBX 18.20. The company’s market cap is GBX 16.90 million.

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About Iofina plc

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.

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