iFabric (TSE:IFA) Stock Price Up 0.5% – Here’s What Happened

Shares of iFabric Corp. (TSE:IFA) were up 0.5% on Friday. The company traded as high as C$3.98 and last traded at C$3.98. Approximately 12,750 shares changed hands during trading, a decline of 75% from the average daily volume of 50,637 shares. The stock had previously closed at C$3.96.

iFabric Trading Up 0.5%

The company has a quick ratio of 1.48, a current ratio of 4.18 and a debt-to-equity ratio of 11.77. The business’s 50 day moving average is C$4.06 and its 200-day moving average is C$4.29. The firm has a market cap of C$145.33 million, a P/E ratio of 32.10 and a beta of -0.75.

iFabric (TSE:IFA) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$0.01 earnings per share (EPS) for the quarter. iFabric had a net margin of 6.92% and a return on equity of 13.95%. The firm had revenue of C$9.59 million for the quarter.

About iFabric

iFabric Corp. is a Canadian-based textile technology company focused on the development and commercialization of proprietary chemical solutions that enhance the performance, functionality, and safety of fabrics and other materials. Through its Intelligent Fabric Technologies (North America) division, the Company provides antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications. iFabric’s platform is supported by proprietary formulations, global manufacturing integration, and, in certain applications, clinical validation in real-world environments.