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

iFabric Corp. (TSE:IFAGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$2.00 and last traded at C$1.94, with a volume of 11300 shares traded. The stock had previously closed at C$2.00.

iFabric Price Performance

The business’s 50 day moving average is C$1.46 and its two-hundred day moving average is C$1.21. The firm has a market cap of C$59.08 million, a P/E ratio of 37.50 and a beta of 0.66. The company has a quick ratio of 1.48, a current ratio of 7.20 and a debt-to-equity ratio of 5.83.

About iFabric

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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.

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