Shares of Imaflex Inc. (CVE:IFX - Get Free Report) were down 1.4% on Monday . The stock traded as low as C$1.38 and last traded at C$1.43. Approximately 25,914 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 27,246 shares. The stock had previously closed at C$1.45.
Imaflex Stock Down 2.1 %
The company has a debt-to-equity ratio of 18.69, a quick ratio of 1.68 and a current ratio of 2.80. The firm's 50-day moving average is C$1.46 and its two-hundred day moving average is C$1.25. The stock has a market cap of C$72.93 million, a P/E ratio of 17.88 and a beta of 0.35.
Imaflex Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Imaflex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imaflex wasn't on the list.
While Imaflex currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.