iFabric (TSE:IFA) Stock Price Up 6.7% – Should You Buy?

iFabric Corp. (TSE:IFA) shares traded up 6.7% during mid-day trading on Monday . The stock traded as high as C$4.72 and last traded at C$4.64. Approximately 144,192 shares traded hands during mid-day trading, an increase of 233% from the average daily volume of 43,351 shares. The stock had previously closed at C$4.35.

iFabric Trading Up 4.9%

The business’s fifty day moving average is C$4.15 and its 200-day moving average is C$2.86. The stock has a market capitalization of C$178.20 million, a PE ratio of 42.07 and a beta of -0.17. The company has a quick ratio of 1.48, a current ratio of 1.80 and a debt-to-equity ratio of 53.81.

iFabric (TSE:IFA) last issued its quarterly earnings results on Tuesday, March 31st. The company reported C($0.02) EPS for the quarter. The company had revenue of C$10.98 million for the quarter. iFabric had a return on equity of 16.15% and a net margin of 6.61%.

About iFabric

iFabric Corp. is a Canadian-based textile technology company focused on the development and commercialization of proprietary chemical solutions that enhance the performance, functionality, and safety of fabrics and other materials. Through its Intelligent Fabric Technologies (North America) division, the Company provides antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications. iFabric’s platform is supported by proprietary formulations, global manufacturing integration, and, in certain applications, clinical validation in real-world environments.