Imaflex Inc. (CVE:IFX – Get Free Report) was down 5.6% on Tuesday . The stock traded as low as C$1.18 and last traded at C$1.18. Approximately 7,800 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 9,459 shares. The stock had previously closed at C$1.25.
Imaflex Price Performance
The company’s fifty day moving average is C$1.35 and its two-hundred day moving average is C$1.43. The firm has a market capitalization of C$61.01 million, a price-to-earnings ratio of 10.63 and a beta of 0.35. The company has a quick ratio of 1.68, a current ratio of 2.85 and a debt-to-equity ratio of 16.73.
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.
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