iFabric (TSE:IFA) Trading 1% Higher – Here’s What Happened

Shares of iFabric Corp. (TSE:IFA) traded up 1% during mid-day trading on Tuesday . The stock traded as high as C$5.10 and last traded at C$4.95. Approximately 105,214 shares were traded during mid-day trading, an increase of 127% from the average daily volume of 46,248 shares. The stock had previously closed at C$4.90.

iFabric Stock Up 1.0%

The stock has a 50-day moving average of C$4.65 and a 200-day moving average of C$3.55. The company has a debt-to-equity ratio of 53.81, a current ratio of 1.80 and a quick ratio of 1.48. The firm has a market cap of C$180.75 million, a price-to-earnings ratio of 42.67 and a beta of -0.21.

iFabric (TSE:IFA) last announced its quarterly earnings data on Tuesday, March 31st. The company reported C($0.02) earnings per share for the quarter. iFabric had a net margin of 6.61% and a return on equity of 16.15%. The company had revenue of C$10.98 million during 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.