IPL Plastics Inc. (IPLP.TO) (TSE:IPLP) Trading Down 0.1% – Here’s Why

IPL Plastics Inc. (IPLP.TO) (TSE:IPLP) fell 0.1% during trading on Monday . The stock traded as low as C$10.00 and last traded at C$10.00. 3,725 shares traded hands during trading, a decline of 97% from the average session volume of 126,066 shares. The stock had previously closed at C$10.01.

IPL Plastics Inc. (IPLP.TO) Price Performance

The firm has a market cap of C$543.82 million and a price-to-earnings ratio of 50.00. The business has a fifty day moving average of C$10.00. The company has a debt-to-equity ratio of 108.90, a current ratio of 2.67 and a quick ratio of 1.99.

IPL Plastics Inc. (IPLP.TO) Company Profile

IPL Plastics Inc, through its subsidiaries, provides various packaging solutions primarily in the United States, the United Kingdom, and Canada. It operates through three segments: Large Format Packaging and Environmental Solutions (LF&E), Consumer Packaging Solutions (CPS), and Returnable Packaging Solutions (RPS).