iFabric (TSE:IFA) Sets New 1-Year High – What’s Next?

iFabric Corp. (TSE:IFA)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$1.87 and last traded at C$1.80, with a volume of 50850 shares changing hands. The stock had previously closed at C$1.62.

iFabric Stock Performance

The firm has a market cap of C$54.54 million, a P/E ratio of 34.62 and a beta of 0.13. The company has a current ratio of 7.20, a quick ratio of 1.48 and a debt-to-equity ratio of 5.83. The company’s 50-day moving average is C$1.33 and its two-hundred day moving average is C$1.14.

iFabric Company Profile

iFabric Corp is engaged in the business of women’s intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women’s intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties.