Imaflex (CVE:IFX) Reaches New 12-Month High – What’s Next?

Imaflex Inc. (CVE:IFXGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$2.33 and last traded at C$2.33, with a volume of 134000 shares. The stock had previously closed at C$2.33.

Imaflex Price Performance

The company has a debt-to-equity ratio of 16.73, a current ratio of 2.85 and a quick ratio of 1.68. The business’s fifty day simple moving average is C$1.57 and its two-hundred day simple moving average is C$1.34. The company has a market cap of C$121.37 million, a PE ratio of 101.30 and a beta of -0.09.

Imaflex Company Profile

(Get Free Report)

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. The company primarily operates under the Shine N’ Ripe XL and ADVASEAL brand names.

See Also

Receive News & Ratings for Imaflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imaflex and related companies with MarketBeat.com's FREE daily email newsletter.