iFabric (TSE:IFA) Shares Up 0.9% – Here’s Why

iFabric Corp. (TSE:IFA) shares were up 0.9% on Tuesday . The company traded as high as C$1.10 and last traded at C$1.09. Approximately 2,900 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 6,431 shares. The stock had previously closed at C$1.08.

iFabric Stock Up 0.9 %

The stock’s 50-day moving average price is C$1.10 and its two-hundred day moving average price is C$1.10. The company has a current ratio of 6.09, a quick ratio of 1.48 and a debt-to-equity ratio of 8.31. The stock has a market capitalization of C$33.03 million, a P/E ratio of 109.00 and a beta of 0.94.

iFabric Company Profile

iFabric Corp. engages in the design and distribute of women's intimate apparel and accessories in Canada, the United States, the United Kingdom, Southeast Asia, and internationally. It operates in three segments: Intimate Apparel, Intelligent Fabrics, and Other. The Intimate Apparel segment designs, purchases, and distributes intimate apparel comprising a range of specialty bras, including patented reversible bra, patented bandeaux bra, and patented breast lift products, as well as distributes a range of apparel accessories under the Coconut Grove Intimates trade name.