iFabric (TSE:IFA) Trading Up 16.3% – What’s Next?

iFabric Corp. (TSE:IFA)’s stock price was up 16.3% on Monday . The company traded as high as C$5.03 and last traded at C$5.00. Approximately 120,932 shares changed hands during trading, an increase of 255% from the average daily volume of 34,030 shares. The stock had previously closed at C$4.30.

iFabric Stock Performance

The company has a quick ratio of 1.48, a current ratio of 1.80 and a debt-to-equity ratio of 53.81. The company has a market cap of C$151.50 million, a PE ratio of 43.10 and a beta of -0.77. The stock’s 50 day simple moving average is C$3.81 and its two-hundred day simple moving average is C$2.50.

iFabric (TSE:IFA) last posted its quarterly earnings results on Tuesday, March 31st. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$10.98 million for the quarter. iFabric had a return on equity of 16.15% and a net margin of 6.61%.

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.