iFabric (TSE:IFA) Stock Price Up 8.9% – Time to Buy?

Shares of iFabric Corp. (TSE:IFA) traded up 8.9% during mid-day trading on Monday . The stock traded as high as C$4.95 and last traded at C$4.75. Approximately 98,040 shares were traded during trading, an increase of 125% from the average session volume of 43,630 shares. The stock had previously closed at C$4.36.

iFabric Price Performance

The company has a current ratio of 1.80, a quick ratio of 1.48 and a debt-to-equity ratio of 53.81. The company has a market cap of C$171.63 million, a PE ratio of 40.52 and a beta of -0.21. The firm has a 50 day moving average of C$4.31 and a two-hundred day moving average of C$3.20.

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

About iFabric

iFabric Corp. is a Canadian-based textile technology company focused on the development and commercialization of proprietary chemical solutions that enhance the performance, functionality, and safety of fabrics and other materials. Through its Intelligent Fabric Technologies (North America) division, the Company provides antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications. iFabric’s platform is supported by proprietary formulations, global manufacturing integration, and, in certain applications, clinical validation in real-world environments.