Imaflex (CVE:IFX) Sets New 12-Month Low at $0.70

Imaflex Inc. (CVE:IFXGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$0.70 and last traded at C$0.80, with a volume of 225200 shares changing hands. The stock had previously closed at C$0.79.

Imaflex Price Performance

The company has a current ratio of 2.43, a quick ratio of 1.68 and a debt-to-equity ratio of 19.32. The company has a market capitalization of C$41.59 million, a PE ratio of 20.00 and a beta of 0.39. The stock’s 50-day moving average is C$0.79 and its two-hundred day moving average is C$0.86.

Imaflex Company Profile

(Get Free Report)

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 plastic films; 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 roll products.

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