iFabric (TSE:IFA) Trading 0.5% Higher – Time to Buy?

iFabric Corp. (TSE:IFA)’s stock price was up 0.5% on Wednesday . The stock traded as high as C$1.99 and last traded at C$1.99. Approximately 2,030 shares traded hands during trading, a decline of 90% from the average daily volume of 20,936 shares. The stock had previously closed at C$1.98.

iFabric Trading Up 0.5%

The business’s fifty day moving average is C$1.90 and its 200-day moving average is C$1.44. The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.48 and a current ratio of 7.20. The firm has a market cap of C$60.30 million, a P/E ratio of 38.27 and a beta of 0.54.

iFabric Company Profile

iFabric Corp is engaged in the business of women’s intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women’s intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties.