iFabric (TSE:IFA) Trading Up 12.3% – Still a Buy?

Shares of iFabric Corp. (TSE:IFA) rose 12.3% during mid-day trading on Wednesday . The stock traded as high as C$1.25 and last traded at C$1.19. Approximately 12,800 shares traded hands during trading, a decline of 0% from the average daily volume of 12,808 shares. The stock had previously closed at C$1.06.

iFabric Stock Up 12.3 %

The firm has a market capitalization of C$36.06 million, a P/E ratio of 99.73 and a beta of 0.94. 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 stock has a 50 day moving average of C$1.09 and a 200-day moving average of C$1.11.

iFabric Company Profile

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.