Shares of Imaflex Inc. (CVE:IFX – Get Free Report) shot up 109.2% on Thursday . The stock traded as high as C$2.30 and last traded at C$2.28. 136,793 shares changed hands during mid-day trading, an increase of 552% from the average session volume of 20,967 shares. The stock had previously closed at C$1.09.
Imaflex Trading Up 109.2%
The business’s 50-day moving average price is C$1.11 and its 200-day moving average price is C$1.21. The firm has a market capitalization of C$118.76 million, a PE ratio of 99.13 and a beta of -0.24. The company has a debt-to-equity ratio of 16.73, a current ratio of 2.85 and a quick ratio of 1.68.
Imaflex Company Profile
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.
See Also
- Five stocks we like better than Imaflex
- Growth Stocks: What They Are, Examples and How to Invest
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
- Upcoming IPO Stock Lockup Period, Explained
- Dollar General’s Turnaround Could Send the Stock Higher in 2026
- What Are Dividends? Buy the Best Dividend Stocks
- Don’t Bet Against AppLovin: The Case Against the Shorts
Receive News & Ratings for Imaflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imaflex and related companies with MarketBeat.com's FREE daily email newsletter.
