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. 390,909 shares traded hands during trading, an increase of 1,738% from the average session volume of 21,266 shares. The stock had previously closed at C$1.09.
Imaflex Stock Performance
The stock has a market cap of C$118.76 million, a P/E ratio of 99.13 and a beta of -0.24. The firm has a 50 day moving average of C$1.11 and a two-hundred day moving average of C$1.21. The company has a debt-to-equity ratio of 16.73, a quick ratio of 1.68 and a current ratio of 2.85.
About Imaflex
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.
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