iFabric (TSE:IFA) Shares Up 6.1% – Here’s What Happened

Shares of iFabric Corp. (TSE:IFA) were up 6.1% on Tuesday . The stock traded as high as C$1.22 and last traded at C$1.22. Approximately 18,300 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 19,906 shares. The stock had previously closed at C$1.15.

iFabric Stock Performance

The company has a quick ratio of 1.48, a current ratio of 6.09 and a debt-to-equity ratio of 8.31. The company’s 50-day moving average is C$1.12 and its two-hundred day moving average is C$1.13. The company has a market capitalization of C$34.85 million, a P/E ratio of 115.00 and a beta of 0.94.

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.