iFabric (TSE:IFA) Hits New 52-Week High – Here’s What Happened

by · The Cerbat Gem

iFabric Corp. (TSE:IFAGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$2.10 and last traded at C$2.00, with a volume of 49028 shares traded. The stock had previously closed at C$1.82.

iFabric Trading Up 7.3%

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 business’s 50 day moving average price is C$1.64 and its two-hundred day moving average price is C$1.29. The company has a market capitalization of C$66.66 million, a price-to-earnings ratio of 42.31 and a beta of 0.66.

iFabric Company Profile

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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.

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