iFabric (TSE:IFA) Stock Price Up 6.7% – Still a Buy?

iFabric Corp. (TSE:IFA)’s stock price rose 6.7% on Monday . The stock traded as high as C$4.72 and last traded at C$4.64. 144,192 shares traded hands during trading, an increase of 233% from the average session volume of 43,351 shares. The stock had previously closed at C$4.35.

iFabric Trading Up 6.7%

The business’s fifty day moving average is C$4.13 and its 200-day moving average is C$2.84. The company has a debt-to-equity ratio of 53.81, a quick ratio of 1.48 and a current ratio of 1.80. The firm has a market cap of C$169.43 million, a P/E ratio of 40.00 and a beta of -0.17.

iFabric (TSE:IFA) last posted its earnings results on Tuesday, March 31st. The company reported C($0.02) earnings per share for the quarter. The business had revenue of C$10.98 million for the quarter. iFabric had a return on equity of 16.15% and a net margin of 6.61%.

About iFabric

iFabric Corp. is a Canadian-based textile technology company focused on the development and commercialization of proprietary chemical solutions that enhance the performance, functionality, and safety of fabrics and other materials. Through its Intelligent Fabric Technologies (North America) division, the Company provides antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications. iFabric’s platform is supported by proprietary formulations, global manufacturing integration, and, in certain applications, clinical validation in real-world environments.