iFabric (TSE:IFA) Stock Price Up 10.4% – Time to Buy?

iFabric Corp. (TSE:IFA) shares rose 10.4% during mid-day trading on Tuesday . The company traded as high as C$4.40 and last traded at C$4.14. Approximately 104,796 shares were traded during trading, an increase of 263% from the average daily volume of 28,854 shares. The stock had previously closed at C$3.75.

iFabric Stock Performance

The company has a debt-to-equity ratio of 53.81, a quick ratio of 1.48 and a current ratio of 1.80. The business’s fifty day simple moving average is C$3.45 and its 200-day simple moving average is C$2.28. The firm has a market capitalization of C$121.20 million, a PE ratio of -1,333.33 and a beta of -0.77.

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 engaged in the business of women’s intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women’s intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties.