iFabric (TSE:IFA) Stock Price Up 0.5% – Still a Buy?

iFabric Corp. (TSE:IFA)’s share price was up 0.5% during trading on Friday. The company traded as high as C$3.98 and last traded at C$3.98. 12,750 shares changed hands during trading, a decline of 75% from the average session volume of 50,637 shares. The stock had previously closed at C$3.96.

iFabric Trading Up 0.5%

The company has a current ratio of 4.18, a quick ratio of 1.48 and a debt-to-equity ratio of 11.77. The company has a fifty day simple moving average of C$4.06 and a 200-day simple moving average of C$4.29. The company has a market capitalization of C$145.33 million, a PE ratio of 32.10 and a beta of -0.75.

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

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.