Imaflex Inc. (CVE:IFX – Get Free Report)’s share price was up 109.2% on Thursday . The stock traded as high as C$2.30 and last traded at C$2.28. Approximately 640,709 shares were traded during trading, an increase of 2,583% from the average daily volume of 23,883 shares. The stock had previously closed at C$1.09.
Imaflex Stock Up 109.2%
The stock has a market cap of C$118.76 million, a PE ratio of 99.13 and a beta of -0.24. The business has a fifty day moving average of C$1.13 and a 200-day moving average of C$1.21. The company has a debt-to-equity ratio of 16.73, a current ratio of 2.85 and a quick ratio of 1.68.
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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