Shares of Imaflex Inc. (CVE:IFX - Get Free Report) traded down 5.6% during trading on Tuesday . The company traded as low as C$1.18 and last traded at C$1.18. 7,800 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 9,459 shares. The stock had previously closed at C$1.25.
Imaflex Stock Performance
The company has a quick ratio of 1.68, a current ratio of 2.85 and a debt-to-equity ratio of 16.73. The stock has a 50 day simple moving average of C$1.33 and a 200 day simple moving average of C$1.42. The company has a market capitalization of C$62.05 million, a price-to-earnings ratio of 10.81 and a beta of 0.35.
Imaflex Company Profile
(
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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.
Further Reading
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