iFabric (TSE:IFA) Stock Price Down 0.5% – Time to Sell?

iFabric Corp. (TSE:IFA) fell 0.5% on Friday . The company traded as low as C$3.93 and last traded at C$3.96. 35,187 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 54,362 shares. The stock had previously closed at C$3.98.

iFabric Trading Down 0.5%

The firm has a fifty day simple moving average of C$4.65 and a two-hundred day simple moving average of C$4.01. The stock has a market cap of C$144.60 million, a PE ratio of 31.94 and a beta of -0.57. The company has a current ratio of 4.18, a quick ratio of 1.48 and a debt-to-equity ratio of 11.65.

iFabric (TSE:IFA) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$9.59 million during the quarter. iFabric had a return on equity of 13.95% and a net margin of 6.92%.

iFabric Company Profile

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.