iFabric (TSE:IFA) Trading Down 0.5% – Time to Sell?

iFabric Corp. (TSE:IFA) dropped 0.5% during mid-day trading on Friday . The company traded as low as C$3.93 and last traded at C$3.96. 35,187 shares were traded during trading, a decline of 35% from the average daily volume of 54,362 shares. The stock had previously closed at C$3.98.

iFabric Price Performance

The company has a market capitalization of C$144.60 million, a PE ratio of 31.94 and a beta of -0.57. The company has a quick ratio of 1.48, a current ratio of 4.18 and a debt-to-equity ratio of 11.65. The firm’s 50-day moving average is C$4.65 and its 200-day moving average is C$4.01.

iFabric (TSE:IFA) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.01 earnings per share for the quarter. iFabric had a return on equity of 13.95% and a net margin of 6.92%.The business 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.