Imaflex (CVE:IFX) Issues Quarterly Earnings Results

Imaflex (CVE:IFX) released its earnings results on Wednesday. The company reported C$0.07 earnings per share (EPS) for the quarter, reports. 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.

Imaflex Trading Up 5.7 %

Shares of IFX stock opened at C$1.48 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.68 and a debt-to-equity ratio of 18.69. The firm has a market capitalization of C$77.09 million, a P/E ratio of 49.33 and a beta of 0.37. The firm’s fifty day simple moving average is C$1.08 and its 200 day simple moving average is C$0.91. Imaflex has a 1 year low of C$0.70 and a 1 year high of C$1.50.

Imaflex Company Profile

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.