Imaflex (CVE:IFX) Trading Down 1.9%

Imaflex Inc. (CVE:IFXGet Free Report)’s share price fell 1.9% on Wednesday . The stock traded as low as C$1.01 and last traded at C$1.02. 10,250 shares changed hands during trading, a decline of 66% from the average session volume of 30,390 shares. The stock had previously closed at C$1.04.

Imaflex Trading Down 1.9 %

The company has a current ratio of 1.97, a quick ratio of 1.68 and a debt-to-equity ratio of 20.43. The firm has a market capitalization of C$53.13 million, a price-to-earnings ratio of 102.00 and a beta of 0.41. The company has a fifty day moving average price of C$0.93 and a two-hundred day moving average price of C$0.85.

Imaflex (CVE:IFXGet Free Report) last issued its earnings results on Wednesday, May 29th. The company reported C$0.04 earnings per share (EPS) for the quarter. Imaflex had a return on equity of 0.92% and a net margin of 0.54%. The company had revenue of C$27.40 million during the quarter. As a group, research analysts forecast that Imaflex Inc. will post 0.03594 earnings per share for the current fiscal year.

About Imaflex

(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 plastic films; 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 roll products.

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