Imaflex Inc. (CVE:IFX – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$2.34 and last traded at C$2.34, with a volume of 48412 shares. The stock had previously closed at C$2.31.
Imaflex Price Performance
The stock has a market capitalization of C$121.89 million, a P/E ratio of 101.74 and a beta of -0.26. The business’s 50 day simple moving average is C$2.30 and its two-hundred day simple moving average is C$1.56. The company has a quick ratio of 1.68, a current ratio of 2.85 and a debt-to-equity ratio of 16.73.
About Imaflex
Imaflex Inc, together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industrial and agriculture markets in Canada, the United States, and internationally. It offers metallized plastic films; polyethylene films and bags; agricultural films, including mulch, solarization, fumigation, compostable, and crop protection films; converter films; and industrial bags, such as garbage, compostable, and gaylord bags, as well as bags on rolls. The company primarily operates under the Shine N’ Ripe XL and ADVASEAL brand names.
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