iFabric (TSE:IFA) Shares Up 0.5% – Here’s Why

iFabric Corp. (TSE:IFA) was up 0.5% 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 Stock Up 0.5%

The stock has a market capitalization of C$145.33 million, a price-to-earnings ratio of 32.10 and a beta of -0.75. The business has a 50-day moving average of C$4.06 and a 200-day moving average of C$4.29. The company has a debt-to-equity ratio of 11.77, a quick ratio of 1.48 and a current ratio of 4.18.

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