Imaflex (CVE:IFX) Sets New 1-Year High at $1.13

Imaflex Inc. (CVE:IFX) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$1.13 and last traded at C$1.13, with a volume of 9400 shares changing hands. The stock had previously closed at C$1.10.

Imaflex Stock Up 23.9 %

The firm has a 50 day moving average price of C$1.07 and a 200-day moving average price of C$0.91. The firm has a market cap of C$72.93 million, a price-to-earnings ratio of 48.00 and a beta of 0.37. The company has a debt-to-equity ratio of 25.84, a current ratio of 2.04 and a quick ratio of 1.68.

Imaflex (CVE:IFX) last released its earnings results on Wednesday, May 29th. The company reported C$0.04 earnings per share (EPS) for the quarter. Imaflex had a net margin of 1.47% and a return on equity of 2.51%. The company had revenue of C$27.40 million for the quarter. As a group, equities analysts predict that Imaflex Inc. will post 0.0299676 EPS for the current fiscal year.

About Imaflex

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.