iFabric (TSE:IFA) Trading Up 12.3% – What’s Next?

iFabric Corp. (TSE:IFA)’s share price was up 12.3% during trading on Wednesday . The stock traded as high as C$1.25 and last traded at C$1.19. Approximately 12,800 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 12,808 shares. The stock had previously closed at C$1.06.

iFabric Stock Up 0.9 %

The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.48 and a current ratio of 7.20. The stock’s fifty day simple moving average is C$1.10 and its two-hundred day simple moving average is C$1.11. The company has a market capitalization of C$35.15 million, a price-to-earnings ratio of 97.22 and a beta of 0.94.

iFabric Company Profile

iFabric Corp. engages in the design and distribute of women's intimate apparel and accessories in Canada, the United States, the United Kingdom, Southeast Asia, and internationally. It operates in three segments: Intimate Apparel, Intelligent Fabrics, and Other. The Intimate Apparel segment designs, purchases, and distributes intimate apparel comprising a range of specialty bras, including patented reversible bra, patented bandeaux bra, and patented breast lift products, as well as distributes a range of apparel accessories under the Coconut Grove Intimates trade name.