iFabric (TSE:IFA) Trading 1% Higher – Here’s What Happened

Shares of iFabric Corp. (TSE:IFA) traded up 1% on Tuesday . The company traded as high as C$5.10 and last traded at C$4.95. 105,214 shares changed hands during trading, an increase of 127% from the average session volume of 46,248 shares. The stock had previously closed at C$4.90.

iFabric Trading Up 1.0%

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$180.75 million, a price-to-earnings ratio of 42.67 and a beta of -0.21. The business has a fifty day simple moving average of C$4.65 and a 200-day simple moving average of C$3.55.

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

iFabric Company Profile

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.