Imaflex (CVE:IFX) Shares Up 4.3%

Imaflex Inc. (CVE:IFX)’s stock price rose 4.3% during trading on Wednesday . The stock traded as high as C$0.73 and last traded at C$0.73. Approximately 3,100 shares traded hands during trading, a decline of 84% from the average daily volume of 19,977 shares. The stock had previously closed at C$0.70.

The company has a current ratio of 2.19, a quick ratio of 1.14 and a debt-to-equity ratio of 35.66. The company has a market capitalization of $36.01 million and a PE ratio of 9.13. The stock’s 50-day moving average is C$0.67 and its two-hundred day moving average is C$0.61.

Imaflex Company Profile (CVE:IFX)

Imaflex Inc, together with its subsidiary, develops, manufactures, and sells flexible packaging materials for consumer, industrial, and agriculture markets in Canada, the United States, and internationally. The company offers agricultural films, including mulch and barrier, compostable, UV-reflective, and intelligent active ingredient films; converter films; industrial products, such as garbage, compostable, and Gaylord bags, as well as bags on roll products; and metalized pest repellency films.

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