iFabric (TSE:IFA) Trading 5.5% Higher – What’s Next?

iFabric Corp. (TSE:IFA)’s stock price shot up 5.5% during trading on Tuesday . The stock traded as high as C$1.15 and last traded at C$1.15. 1,400 shares changed hands during trading, a decline of 93% from the average session volume of 19,017 shares. The stock had previously closed at C$1.09.

iFabric Stock Up 5.5 %

The firm has a 50-day moving average of C$1.12 and a 200 day moving average of C$1.13. The company has a current ratio of 6.09, a quick ratio of 1.48 and a debt-to-equity ratio of 8.31. The stock has a market capitalization of C$34.85 million, a price-to-earnings ratio of 115.00 and a beta of 0.94.

About iFabric

iFabric Corp. engages in the design and distribute of women's intimate apparel and accessories in Canada, the United States, the United Kingdom, Southeast Asia, and internationally. It operates in three segments: Intimate Apparel, Intelligent Fabrics, and Other. The Intimate Apparel segment designs, purchases, and distributes intimate apparel comprising a range of specialty bras, including patented reversible bra, patented bandeaux bra, and patented breast lift products, as well as distributes a range of apparel accessories under the Coconut Grove Intimates trade name.