iFabric (TSE:IFA) Stock Price Up 1% – Time to Buy?

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

iFabric Stock Performance

The company has a quick ratio of 1.48, a current ratio of 1.80 and a debt-to-equity ratio of 53.81. The business has a 50 day moving average price of C$4.66 and a two-hundred day moving average price of C$3.57. The stock has a market cap of C$174.55 million, a P/E ratio of 41.21 and a beta of -0.22.

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

iFabric Company Profile

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.