Imaflex Inc. (CVE:IFX - Get Free Report)'s stock price traded down 3.4% during mid-day trading on Tuesday . The company traded as low as C$1.37 and last traded at C$1.40. 4,370 shares traded hands during trading, a decline of 30% from the average session volume of 6,278 shares. The stock had previously closed at C$1.45.
Imaflex Stock Down 3.4 %
The stock's fifty day simple moving average is C$1.45 and its two-hundred day simple moving average is C$1.35. 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 company has a market capitalization of C$72.93 million, a price-to-earnings ratio of 17.50 and a beta of 0.35.
About Imaflex
(
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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.
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