Imaflex (CVE:IFX) Stock Price Down 2.8%

Imaflex Inc. (CVE:IFX) shares fell 2.8% during trading on Monday . The company traded as low as C$1.40 and last traded at C$1.40. 34,088 shares changed hands during trading, an increase of 19% from the average session volume of 28,605 shares. The stock had previously closed at C$1.44.

Imaflex Price Performance

The stock has a fifty day moving average of C$1.29 and a 200 day moving average of C$1.03. The stock has a market cap of C$72.93 million, a price-to-earnings ratio of 17.50 and a beta of 0.36. The company has a debt-to-equity ratio of 18.69, a current ratio of 2.80 and a quick ratio of 1.68.

Imaflex (CVE:IFX) last issued its earnings results on Wednesday, August 28th. The company reported C$0.07 EPS for the quarter. Imaflex had a return on equity of 7.49% and a net margin of 4.34%. The firm had revenue of C$28.83 million for the quarter. On average, analysts expect that Imaflex Inc. will post 0.1590437 EPS for the current fiscal year.

About Imaflex

Imaflex Inc, together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industrial and agriculture markets in Canada, the United States, and internationally. It offers metallized plastic films; polyethylene films and bags; agricultural films, including mulch, solarization, fumigation, compostable, and crop protection films; converter films; and industrial bags, such as garbage, compostable, and gaylord bags, as well as bags on rolls.