Shares of Imaflex Inc. (CVE:IFX – Get Free Report) shot up 109.2% during trading on Thursday . The stock traded as high as C$2.30 and last traded at C$2.28. 640,709 shares traded hands during trading, an increase of 2,583% from the average session volume of 23,883 shares. The stock had previously closed at C$1.09.
Imaflex Trading Up 109.2%
The stock has a market cap of C$118.76 million, a P/E ratio of 99.13 and a beta of -0.24. The company has a debt-to-equity ratio of 16.73, a current ratio of 2.85 and a quick ratio of 1.68. The firm’s 50 day moving average price is C$1.13 and its 200-day moving average price is C$1.21.
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.
Recommended Stories
- Five stocks we like better than Imaflex
- Financial Services Stocks Investing
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- Dividend Capture Strategy: What You Need to Know
- Forget the Chips: 4 Industrial Plays for the AI Rebound
- The 3 Best Blue-Chip Stocks to Buy Now
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
Receive News & Ratings for Imaflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imaflex and related companies with MarketBeat.com's FREE daily email newsletter.
