Imaflex Inc. (CVE:IFX – Get Free Report)’s stock price traded down 3.4% during mid-day trading on Tuesday . The company traded as low as C$1.37 and last traded at C$1.40. 4,370 shares traded hands during trading, a decline of 30% from the average session volume of 6,278 shares. The stock had previously closed at C$1.45.
Imaflex Stock Down 3.4 %
The stock’s fifty day simple moving average is C$1.45 and its two-hundred day simple moving average is C$1.35. The company has a debt-to-equity ratio of 18.69, a quick ratio of 1.68 and a current ratio of 2.80. The company has a market capitalization of C$72.93 million, a price-to-earnings ratio of 17.50 and a beta of 0.35.
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.
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