Imaflex (CVE:IFX) Reaches New 1-Year Low at $0.70

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

Imaflex Trading Up 1.3 %

The stock has a market cap of C$41.59 million, a PE ratio of 20.00 and a beta of 0.39. The business has a 50-day moving average of C$0.79 and a 200 day moving average of C$0.86. The company has a debt-to-equity ratio of 19.32, a quick ratio of 1.68 and a current ratio of 2.43.

Imaflex Company Profile

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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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