iFabric (TSE:IFA) Trading Down 3.8% – Here’s Why

iFabric Corp. (TSE:IFA) was down 3.8% during trading on Thursday . The company traded as low as C$1.00 and last traded at C$1.00. Approximately 6,504 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 10,571 shares. The stock had previously closed at C$1.04.

iFabric Trading Down 3.8%

The company’s fifty day moving average is C$1.00 and its two-hundred day moving average is C$1.06. The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.48 and a current ratio of 7.20. The company has a market cap of C$30.30 million, a price-to-earnings ratio of 83.81 and a beta of 0.94.

About iFabric

iFabric Corp. engages in the design and distribute of women's intimate apparel and accessories in Canada, the United States, the United Kingdom, Southeast Asia, and internationally. It operates in three segments: Intimate Apparel, Intelligent Fabrics, and Other. The Intimate Apparel segment designs, purchases, and distributes intimate apparel comprising a range of specialty bras, including patented reversible bra, patented bandeaux bra, and patented breast lift products, as well as distributes a range of apparel accessories under the Coconut Grove Intimates trade name.