iFabric (TSE:IFA) Reaches New 52-Week High – Should You Buy?

iFabric Corp. (TSE:IFA) reached a new 52-week high on Monday . The company traded as high as C$4.50 and last traded at C$4.45, with a volume of 85048 shares traded. The stock had previously closed at C$3.95.

iFabric Price Performance

The stock’s 50 day moving average price is C$3.74 and its two-hundred day moving average price is C$2.43. The firm has a market capitalization of C$130.29 million, a price-to-earnings ratio of 37.07 and a beta of -0.77. The company has a quick ratio of 1.48, a current ratio of 1.80 and a debt-to-equity ratio of 53.81.

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

About iFabric

iFabric Corp is engaged in the business of women’s intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women’s intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties.