Imaflex Inc. (CVE:IFX - Get Free Report)'s share price traded up 2.4% during mid-day trading on Tuesday . The company traded as high as C$1.30 and last traded at C$1.30. 29,500 shares changed hands during trading, an increase of 146% from the average session volume of 11,998 shares. The stock had previously closed at C$1.27.
Imaflex Stock Up 0.8%
The business has a 50-day simple moving average of C$1.29 and a 200-day simple moving average of C$1.27. The company has a quick ratio of 1.68, a current ratio of 2.85 and a debt-to-equity ratio of 16.73. The stock has a market cap of C$65.67 million, a P/E ratio of 11.44 and a beta of 0.35.
About Imaflex
(
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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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