iFabric (TSE:IFA) Stock Price Up 8.9% – What’s Next?
by Tristan Rich · The Markets DailyiFabric Corp. (TSE:IFA – Get Free Report)’s share price shot up 8.9% on Monday . The company traded as high as C$4.95 and last traded at C$4.75. 98,040 shares traded hands during mid-day trading, an increase of 125% from the average session volume of 43,630 shares. The stock had previously closed at C$4.36.
iFabric Price Performance
The company has a debt-to-equity ratio of 53.81, a current ratio of 1.80 and a quick ratio of 1.48. The stock has a market capitalization of C$173.45 million, a price-to-earnings ratio of 40.95 and a beta of -0.21. The stock has a 50 day moving average price of C$4.30 and a 200-day moving average price of C$3.17.
iFabric (TSE:IFA – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported C($0.02) EPS for the quarter. The business had revenue of C$10.98 million during the quarter. iFabric had a net margin of 6.61% and a return on equity of 16.15%.
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.