iFabric (TSE:IFA) Trading Down 0.5% – What’s Next?

iFabric Corp. (TSE:IFA)’s share price traded down 0.5% during mid-day trading on Friday . The company traded as low as C$3.93 and last traded at C$3.96. 35,187 shares traded hands during trading, a decline of 35% from the average daily volume of 54,362 shares. The stock had previously closed at C$3.98.

iFabric Stock Down 0.5%

The stock has a market cap of C$144.60 million, a PE ratio of 31.94 and a beta of -0.57. The company has a debt-to-equity ratio of 11.65, a quick ratio of 1.48 and a current ratio of 4.18. The company’s 50-day moving average price is C$4.65 and its 200 day moving average price is C$4.01.

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

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.