Imaflex Inc. (CVE:IFX – Get Free Report)’s share price dropped 3.7% on Tuesday . The company traded as low as C$1.30 and last traded at C$1.30. Approximately 19,709 shares were traded during mid-day trading, an increase of 140% from the average daily volume of 8,199 shares. The stock had previously closed at C$1.35.
Imaflex Stock Performance
The stock has a market cap of C$67.22 million, a price-to-earnings ratio of 11.71 and a beta of 0.35. The company has a current ratio of 2.85, a quick ratio of 1.68 and a debt-to-equity ratio of 16.73. The firm has a fifty day simple moving average of C$1.40 and a 200-day simple moving average of C$1.42.
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.
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