Imaflex Inc. (CVE:IFX – Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as C$0.70 and last traded at C$0.80, with a volume of 225200 shares traded. The stock had previously closed at C$0.79.
Imaflex Stock Performance
The company has a debt-to-equity ratio of 19.32, a quick ratio of 1.68 and a current ratio of 2.43. The company’s 50-day moving average price is C$0.79 and its 200 day moving average price is C$0.86. The stock has a market capitalization of C$41.59 million, a PE ratio of 20.00 and a beta of 0.39.
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 plastic films; 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 roll products.
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