Shares of Imaflex Inc. (CVE:IFX – Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$2.30 and last traded at C$2.29, with a volume of 109850 shares traded. The stock had previously closed at C$2.28.
Imaflex Price Performance
The stock has a 50 day moving average price of C$1.47 and a 200 day moving average price of C$1.31. The stock has a market capitalization of C$118.76 million, a price-to-earnings ratio of 99.13 and a beta of -0.09. The company has a quick ratio of 1.68, a current ratio of 2.85 and a debt-to-equity ratio of 16.73.
Imaflex Company Profile
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. The company primarily operates under the Shine N’ Ripe XL and ADVASEAL brand names.
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