Insider Buying: Itaconix (LON:ITX) Insider Purchases 3,400 Shares of Stock

Key Points

  • Insider Peter Nieuwenhuizen purchased 3,400 shares on May 5 at GBX 109 per share, a transaction totalling £3,706.
  • Shares traded up about 4.2%, opening at GBX 112; the stock has a 12‑month range of GBX 95–142 and a market cap of £15.1 million with a negative P/E of -10.98.
  • Itaconix develops plant‑based polymer specialty ingredients for detergents, hygiene and hair care, and is recognised by the London Stock Exchange with a Green Economy Mark.

Itaconix plc (LON:ITX - Get Free Report) insider Peter Nieuwenhuizen purchased 3,400 shares of the stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of GBX 109 per share, for a total transaction of £3,706.

Itaconix Trading Up 4.2%

Shares of Itaconix stock opened at GBX 112 on Thursday. Itaconix plc has a 12-month low of GBX 95 and a 12-month high of GBX 142. The company has a market cap of £15.10 million, a price-to-earnings ratio of -10.98 and a beta of 1.25. 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's 50-day moving average price is GBX 109.84 and its 200-day moving average price is GBX 113.04.

About Itaconix

(Get Free Report)

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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